The NFT Phenomenon - Who were the winners and losers? - GoFuckYourself.com

lezinterracial · 01-22-2024, 08:18 PM

The NFT Phenomenon - Who were the winners and losers?

I remember it was so odd. A guy named Beeple was making tons, Why him?
Not such a big following, People were saying he deserved it cause he helped people.

But Blender Guru, Who has more of a following and has helped more people. He wasn't making anything off NFTs.

Huggles · 01-22-2024, 09:06 PM

So many people lined up to get scammed... who was that guy that dumped like 2 million into the bored ape? I remember reading about some guy who bought a ton of them and was shocked that he lost money...

Huggles · 01-22-2024, 09:19 PM

https://www.theguardian.com/technolo...ey-sina-estavi

Quote:

Crypto entrepreneur Sina Estavi made headlines in March 2021 when he paid $2.9m for an NFT of Twitter boss Jack Dorsey’s first tweet. But his efforts to resell it have run aground, with a top bid of just $6,800 as of Thursday.

The initial purchase was at the time among the most expensive sales of a non-fungible token, or NFT, and came amid a flurry of interest in the niche crypto assets.

Estavi put the tweet up for resale on the popular NFT marketplace OpenSea last week, initially asking for $48m.

That price tag was removed after offers in the first week were in the low hundreds of dollars. As of Thursday, the highest bid was 2.2 of the cryptocurrency ether – equivalent to about $6,800.

fuzebox · 01-23-2024, 12:30 AM

A friend who runs an NFT marketplace told me that NFT and altcoin buyers are degenerate gamblers playing with house money who are just hoping for one more moonshot.

jscott · 01-23-2024, 12:26 PM

NFT's & altcoins are gambling, they're not for long term HODLing. SO take your profits in Bitcoin. Anyone into those, best of luck!

2MuchMark · 01-24-2024, 08:48 AM

Quote:

Originally Posted by jscott

NFT's & altcoins are gambling, they're not for long term HODLing. SO take your profits in Bitcoin. Anyone into those, best of luck!

^^ Good advice. ^^

01-22-2024, 08:18 PM	#1
lezinterracial Confirmed User Industry Role: Join Date: Jul 2012 Posts: 3,064	The NFT Phenomenon - Who were the winners and losers? The NFT Phenomenon - Who were the winners and losers? I remember it was so odd. A guy named Beeple was making tons, Why him? Not such a big following, People were saying he deserved it cause he helped people. But Blender Guru, Who has more of a following and has helped more people. He wasn't making anything off NFTs. __________________ Live Sex Shows

01-22-2024, 09:06 PM	#2
Huggles GFY'S #1 retard Industry Role: Join Date: Feb 2003 Location: Kelowna Posts: 10,508	So many people lined up to get scammed... who was that guy that dumped like 2 million into the bored ape? I remember reading about some guy who bought a ton of them and was shocked that he lost money... __________________ I make my money from people jerking off

01-23-2024, 12:30 AM	#4
fuzebox making it rain Industry Role: Join Date: Oct 2003 Location: seattle Posts: 22,010	A friend who runs an NFT marketplace told me that NFT and altcoin buyers are degenerate gamblers playing with house money who are just hoping for one more moonshot.

01-23-2024, 12:26 PM	#5
jscott So Fucking Banned Industry Role: Join Date: Feb 2001 Location: Taipei Posts: 25,198	NFT's & altcoins are gambling, they're not for long term HODLing. SO take your profits in Bitcoin. Anyone into those, best of luck!