General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forumshlthe2b
(102,379 posts)a secure investment.
I've thrown my share of $$ away, but not in such a speculative manner.
underpants
(182,904 posts)at least the basketball NFTs were bought heavily in China.
viva la
(3,321 posts)When they spent thousands on a token saying they own some one of a series of ugly images of a "bored ape". And so often then whatever it was would get stolen.
I remember reading that in Victorian times, some London aristocratic men would bet on anything, like which raindrop would first reach the bottom of the window. This NFT craze seems like a less congenial example of that cynical exercise.
multigraincracker
(32,727 posts)even sounds so evil they can't say the words.
Fullduplexxx
(7,870 posts)JT45242
(2,298 posts)Let us never forget that a large amount of crypto and nft money was just a spin cycle for laundering money.
LetMyPeopleVote
(145,619 posts)Johnny2X2X
(19,118 posts)Shes hocking her wares in NFTs right? No idea why shes think people would pay to see her with her clothes on when anyone with a computer can see her fully nice and doing soft core porn.
womanofthehills
(8,774 posts)I find it fascinating. These people also are also having big get out the vote drives in their communities to vote for those who are pro crypto.
I dont know why you would be happy it crashed, as selling NFTs of their art has improved the quality of life for many artists families.
tecelote
(5,122 posts)It's not the people. It's the medium itself. It always seemed over-hyped and I'm not surprised it crashed.
I expect with time, it will self-correct.
dalton99a
(81,599 posts)Torchlight
(3,361 posts)I invested in it with three weeks allowance, and selling my Bionic Woman bedroom poster to my brother to make up the difference. I was disappointed (to say the least) when it turned out to be exactly what my parents warned me it would be, when it turned out to be exactly what common sense dictated it was - a simple rock in in a pretty box with a ton of great advertising.
I've tried to avoid that same mistake, and for the most part, have. As an adult in the present day, it's just weird watching my peers fanboy-buy them. It's just a rock.