Ghost_MH Posted April 28, 2022 Share Posted April 28, 2022 I didn't realize you didn't get a copyright with your stupid monkey. Very cool. Quote Link to comment Share on other sites More sharing options...
TwinIon Posted April 28, 2022 Share Posted April 28, 2022 Anyone curious about some of the legal issues surrounding NFTs and crypto in general should give this podcast episode a listen, given that the lawyer being interviewed has worked on a bunch of crypto law for a while. Quote Link to comment Share on other sites More sharing options...
TwinIon Posted April 28, 2022 Share Posted April 28, 2022 Interesting piece from The Verge about how bitcoin fundamentalists very much dislike the larger crypto scene. I also enjoyed the bit where Peter Thiel starts listing out bitcoins' enemies and then talks about how ESG is "a factory for naming enemies. And we should not be allowing them to do that.” To be entirely fair, I do actually have some respect for the hardcore bitcoin folk who honestly believe in its utility. So much of crypto was founded on idealism, but the majority of the scene now is a machine for finding greater fools in order to get rich quick. Of course, while I respect the idealism, I also think they're largely idiots who understand neither the system they want to replace nor the system they want to replace it with. 1 Quote Link to comment Share on other sites More sharing options...
Jason Posted April 28, 2022 Author Share Posted April 28, 2022 31 minutes ago, TwinIon said: To be entirely fair, I do actually have some respect for the hardcore bitcoin folk who honestly believe in its utility. 2 Quote Link to comment Share on other sites More sharing options...
Jason Posted April 30, 2022 Author Share Posted April 30, 2022 1 Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted April 30, 2022 Share Posted April 30, 2022 Dang, checked my old employer RRSP (401k) today (I keep a spreadsheet month-to-month) and it dropped 10% from last month and is even year over year. Right now it's just passive, I am not putting anything new into that one or touching it in any way. Basically back to pre-2021 levels. Thanks Biden! Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted May 4, 2022 Share Posted May 4, 2022 NFT Sales Are Flatlining WWW.WSJ.COM The sale of nonfungible tokens, or NFTs, fell to a daily average of about 19,000 this week, a 92% decline from a peak of about 225,000 in September, according to the data website NonFungible. Quote The sale of nonfungible tokens, or NFTs, fell to a daily average of about 19,000 this week, a 92% decline from a peak of about 225,000 in September, according to the data website NonFungible. Quote Many NFT owners are finding their investments are worth significantly less than when they bought them. Quote That lack of interest isn't unique. Interest in NFTs measured by the number of searches for the term peaked in January, according to Google Trends, and has fallen roughly 80% since then. The imbalance between supply and demand is also hurting the NFT market. There are about five NFTs for every buyer, according to data from analytics firm Chainalysis. As of the end of April, there have been 9.2 million NFTs sold, which were bought by 1.8 million people, the firm said. 2 1 1 Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted May 4, 2022 Share Posted May 4, 2022 2 1 1 Quote Link to comment Share on other sites More sharing options...
TwinIon Posted May 4, 2022 Share Posted May 4, 2022 It was always clear that the NFTs craze was a bubble. The question now is if it was a beanie baby like fad or if the larger crypto community actually believes in them and will keep caring about them. My suspicion is that if NFTs lose their luster as potential get rich quick buys, then most people will stop caring about them entirely. Quote Link to comment Share on other sites More sharing options...
legend Posted May 4, 2022 Share Posted May 4, 2022 46 minutes ago, TwinIon said: My suspicion is that if NFTs lose their luster as potential get rich quick buys, then most people will stop caring about them entirely. That would be my guess as well because NFTs are in actuality a useless technology that solves nothing Take away the ability to sucker people into thinking they're somehow worth something and it crumbles. Quote Link to comment Share on other sites More sharing options...
Brian Posted May 6, 2022 Share Posted May 6, 2022 2 Quote Link to comment Share on other sites More sharing options...
GeneticBlueprint Posted May 6, 2022 Share Posted May 6, 2022 17 minutes ago, ManUtdRedDevils said: So they received one GPU's worth of fines? That's some BS. 1 Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted May 7, 2022 Share Posted May 7, 2022 Lol 2 1 Quote Link to comment Share on other sites More sharing options...
Jason Posted May 9, 2022 Author Share Posted May 9, 2022 1 1 Quote Link to comment Share on other sites More sharing options...
Guest Posted May 9, 2022 Share Posted May 9, 2022 Crypto get wrecked this week. Bitcoin is down 52% over the last 6 months, 20% just in the last week. Quote Link to comment Share on other sites More sharing options...
Fizzzzle Posted May 9, 2022 Share Posted May 9, 2022 On 5/4/2022 at 4:41 PM, legend said: That would be my guess as well because NFTs are in actuality a useless technology that solves nothing Take away the ability to sucker people into thinking they're somehow worth something and it crumbles. The only thing anyone has ever convinced me NFTs could be useful for is like... memberships. Like, owning an NFT that grants you access to something that has a fixed amount of users, and the membership can be bought and sold. Other than that, NFTs just seem to be solving a problem that doesn't exist. Quote Link to comment Share on other sites More sharing options...
Jason Posted May 9, 2022 Author Share Posted May 9, 2022 crypto is getting wrecked but so is the stock market Hopefully the stocks stay in the toilet until my retirement contribution goes in at the end of the week. Quote Link to comment Share on other sites More sharing options...
LazyPiranha Posted May 9, 2022 Share Posted May 9, 2022 22 minutes ago, Fizzzzle said: The only thing anyone has ever convinced me NFTs could be useful for is like... memberships. Like, owning an NFT that grants you access to something that has a fixed amount of users, and the membership can be bought and sold. Other than that, NFTs just seem to be solving a problem that doesn't exist. I just don’t see the utility of that versus any other traditional membership verification system. Quote Link to comment Share on other sites More sharing options...
Fizzzzle Posted May 9, 2022 Share Posted May 9, 2022 2 minutes ago, LazyPiranha said: I just don’t see the utility of that versus any other traditional membership verification system. Sure, but I wouldn't say it's more or less useful than any other application. Just another option. Granted, it's one that is killing the planet, but whatever, we're all gonna die anyway. Quote Link to comment Share on other sites More sharing options...
legend Posted May 9, 2022 Share Posted May 9, 2022 2 hours ago, Fizzzzle said: The only thing anyone has ever convinced me NFTs could be useful for is like... memberships. Like, owning an NFT that grants you access to something that has a fixed amount of users, and the membership can be bought and sold. Other than that, NFTs just seem to be solving a problem that doesn't exist. Even that can (and often is) handled better by other permissioned systems. The best argument argument for NFTs is the creator doesn't want to set up any infrastructure for the sale of their items and would prefer to make management of that process the duty of everyone else on the blockchain in perpetuity at vastly less efficiency and with far greater security risks. In short, it only helps assholes exploit the population at large, which seems like it reflects the current situation well. 2 Quote Link to comment Share on other sites More sharing options...
Ricofoley Posted May 10, 2022 Share Posted May 10, 2022 Let's fuckin' gooooo. 1 2 Quote Link to comment Share on other sites More sharing options...
Guest Posted May 10, 2022 Share Posted May 10, 2022 Crypto Island on Apple Podcasts PODCASTS.APPLE.COM Technology · 2022 PJ Vogt, one of the creators of the Reply All podcast, has a new show about Crypto people and it is fantastic. Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted May 10, 2022 Share Posted May 10, 2022 lol A Typo Sent $36 million of Crypto into the Ether WWW.CNET.COM Developers of the Juno cryptocurrency meant to send $36 million in tokens to a community-controlled wallet. Human error sent it to an inaccessible address. 1 Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted May 11, 2022 Share Posted May 11, 2022 3 1 Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted May 11, 2022 Share Posted May 11, 2022 Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted May 11, 2022 Share Posted May 11, 2022 Quote Link to comment Share on other sites More sharing options...
legend Posted May 11, 2022 Share Posted May 11, 2022 9 minutes ago, CitizenVectron said: Reality comes at you fast. I feel for the people of the country who have to suffer this stupid fucking decision. Quote Link to comment Share on other sites More sharing options...
Firewithin Posted May 12, 2022 Share Posted May 12, 2022 Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted May 12, 2022 Share Posted May 12, 2022 Remember all those super bowl crypto commercials and that terrible CG Lebron James? Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted May 12, 2022 Share Posted May 12, 2022 Sine guy on reddit lost $450,000 in life savings. Jesus, Quote Link to comment Share on other sites More sharing options...
Firewithin Posted May 12, 2022 Share Posted May 12, 2022 7 minutes ago, Keyser_Soze said: Remember all those super bowl crypto commercials and that terrible CG Lebron James? Lol staples I mean crypto.com stadium 1 Quote Link to comment Share on other sites More sharing options...
Ghost_MH Posted May 12, 2022 Share Posted May 12, 2022 47 minutes ago, Firewithin said: All them money being dumped into NFTs. The entire market that was to set the world ablaze was made up of 119k users. Quote Link to comment Share on other sites More sharing options...
finaljedi Posted May 12, 2022 Share Posted May 12, 2022 I wonder what the percentage of wash selling made up all the NFT transactions. Quote Link to comment Share on other sites More sharing options...
thewhyteboar Posted May 12, 2022 Share Posted May 12, 2022 Now that crypto has gone bust, how much money has Musk lost? Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted May 12, 2022 Share Posted May 12, 2022 1 3 Quote Link to comment Share on other sites More sharing options...
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