Bitcoin?

Discussion in 'Whatever' started by ---NT---, Mar 28, 2013.

  1. Roger

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  2. ---NT---

    ---NT--- Prototype

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    While I don't disagree with that author, I think it was a rather shit write-up.
    Back when I was on IG I followed Beeple because I love sci-fi, and it was squarely within the sci-fi period that I was on IG. I wouldn't pay $1 for a Beeple image, but seeing his sci-fi scenes for "free" was a price I was once willing to pay. Seeing his work on either side of the sci-fi period...NagNagNag.
    Having not been too bothered to look into or read about that auction, I had thought - until now - that all of the images were collaged together to create a new, mega-image. The fact that they weren't makes me shake my head all the harder and slower...
     
  3. Roger

    Roger Prototype

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    I wonder if lockdown-induced boredom caused this to hit so big. If we were still going to galleries and shows would people care this much about online equivalents?
     
  4. 666doll

    666doll Mini Boss

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    I don't think the pandemic has caused this interest. But, I also don't think the normal collector group is paying attention to this new form of "ownership."
     
  5. Anti Social Andy

    Anti Social Andy Die-Cast

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    Whereas the 'artists' are all over it! #payday
     
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  6. 666doll

    666doll Mini Boss

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    Without a doubt. In the end, you really don't own much of anything from what I keep reading. Other than the token. I don't know, maybe some sort of intrinsic value. People put a value on most everything, so why should this be any different. Personally, I don't find value in this. But I also find no value in so-called digital art. This new medium and format seems to really benefit the middleman. Unless, of course you got in early or are Beeble. It is Beeble, right? But what do I know... lol
     
  7. ungawa222

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    [​IMG]

    (I think it was the IG account of one of you lot that I ganked this from, but not sure who... tip o' the pin, whoever you are! :D)
     
  8. bunnyboy

    bunnyboy Side Dealer

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  9. noeleaser

    noeleaser Addicted

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    I hope some of you are buying this bitcoin dip! It’s like bitcoin is 40% off!

    HODL THAT SHIT.
     
  10. Roger

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  11. hellointerloper

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    W
    Wish I had some cash at the time, instead I just experienced looking at almost half my portfolio’s value disappear in the crash :?
    I’m totally HODLing though, I still have made a profit so it wasn’t as painful as the 2018 crash. During THAT one I lost all profits…
     
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  12. noeleaser

    noeleaser Addicted

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    I totally know the feeling. One of my retirement accounts that is holding GBTC is cut in half. Thank God I’m not retiring for another 20 years..

    I’ve been buying/stacking/holding BTC via Swan Bitcoin. They have amazing rates and I set up a weekly recurring buy for even better rates. Swan is a platform to buy bitcoin. There’s no trading involved, no shitcoins or anything like that. It’s purely bitcoin.

    If you want to check it out, here is a referral link that will give you $10 in free bitcoin: https://www.swanbitcoin.com/Noeleaser
     
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  13. Roger

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  14. gatiio

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    Fun read and fun points.

    I find this intersection of NFTs and luxury goods quite fun. I mean, most people were I come from that wear fancy clothes wear replicas (fakes) of those clothes so they would probably screenshot things than have the money to buy the coins needed for these transactions.

    Worthwhile to continue learning about this. Thanks!
     
  15. ---NT---

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    For the time being I still think these NFTs are no different than Beanie Babies. I don't see Steph Curry finding a sucker to buy his (super lame) .jpg for more than $180k. Of course, I've been known to be wrong, so time will tell. But certainly, if - as the article suggests - Curry bought it as an investment, surely there are much better ways to invest $180k.
    This caught my attention:
    I would say that over the past century, the "it club" has steadily fractured into smaller, more niche groups. Global status is no longer sought out, and niche status is the most highly sought out form of status. When part of a small group of insiders the opinion of outsiders carries no weight. Even worse, outsiders are viewed dismissively or with outright scorn and hostility.
     
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  16. Anti Social Andy

    Anti Social Andy Die-Cast

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    I have this on a sign by the gate to my yard!

    I don't get many visitors.

    Life is good.
     
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  17. Urk

    Urk Toy Prince

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    I screen recorded an outerspacemen nft and I'm not sorry about it.
     
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  18. Waterbear

    Waterbear Line of Credit

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    I dunno man. At least my dog could play with beanie babies.
     
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  19. ---NT---

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    And they only went for 3 digits (maybe 4 in some cases?), not 6!
    I think I'm gonna make some NFTs out of my dog's image...
     
  20. hellointerloper

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    These hits have been harsh. There’s nothing quite like losing $1,000 of value first thing in the morning…
    Still in the green though. I guess at the end of the day that’s all that matters.
     
  21. noeleaser

    noeleaser Addicted

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    You only lose the value if you cash out!

    Keep stacking!

    Have you heard of dollar cost averaging? To take advantage of dollar-cost averaging, you invest a fixed amount on a regular basis instead of buying a lump sum of stock all at once. This allows investors to avoid trying to time the market and takes the emotion out of investing.
     
  22. bunnyboy

    bunnyboy Side Dealer

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    I'll just leave this here...
    smfh
     
  23. ---NT---

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    That's an excruciatingly long article about some sucker who got suckered twice.
     
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  24. Roger

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  25. ---NT---

    ---NT--- Prototype

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    Clout and flex above all else!!!
    Based on this article, I would proudly identify as a right-clicker. Although I don't agree with this statement from the author:
    I think he paints with too broad a brush. One can both be a "crypto-fan" and an NFT-hater or right-clicker. But maybe I'm assuming he's working with a too-narrow definition of NFTs, since all that's being discussed are JPG NFTs. If that's all NFTs are, then my statement stands that one can both hate NFTs but like crypto. However, I do see future utility in NFTs beyond the current stupid JPG fad.
     

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