Bongo Heracles
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Post by Bongo Heracles on Jan 28, 2022 16:03:28 GMT
Well, it is kind of fair enough. 'Crypto' in and of itself isnt inherently problematic, its just that we have chosen to implement most aspects in the most fuckheaded way possible at almost every turn and that is, largely, due to capitalism at its purest.
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Post by π on Jan 28, 2022 20:09:20 GMT
Someone needs to point out to Ubi that Steam has been doing what theyβre moaning on about for years without using NFTs.
I sold a TF2 hat for several hundred quid over a decade ago for instance.
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Post by drhickman1983 on Jan 28, 2022 21:00:01 GMT
Someone needs to point out to Ubi that Steam has been doing what theyβre moaning on about for years without using NFTs. I sold a TF2 hat for several hundred quid over a decade ago for instance. That's one of the things that really irks me about this. The total unnecessity of NFTs and the block chain. There is literally nothing about this fad that couldn't be achieved without the total waste of resources. |
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Nanocrystal
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Post by Nanocrystal on Jan 28, 2022 21:00:06 GMT
Font geek is nothing like Tik Tok. One is a bunch of complete cunts wasting their time doing completely unfunny little jokes and bits for a weird clique of losers, while the other... erm...
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Post by Bill in the rain on Jan 29, 2022 1:12:40 GMT
...has lots of dances.
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Post by UltraPyper777 on Jan 30, 2022 17:20:01 GMT
Bieber has allegedly bought a bored ape for $1m according to Twitter, looking at replies is endless stream of scammers trying to shill their crappy NFT.
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Post by π on Jan 30, 2022 17:22:23 GMT
Bieberβs marketing team has allegedly bought a bored ape for $1m according to Twitter, looking at replies is endless stream of scammers trying to shill their crappy NFT. Fixed that. |
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Post by jimnastics on Jan 30, 2022 17:26:13 GMT
Does anyone here actively trade crypto? I trade bitcoin on margin but that's it. I'm looking for some kind of NFT index with an eye on shorting soon, as I think mania is on the way. Anyone aware of such a thing?
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Post by Trowel π΄σ §σ ’σ ·σ ¬σ ³σ Ώ on Jan 30, 2022 18:31:27 GMT
Who had colours next on their NFT bingo card?
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Post by Jambowayoh on Jan 30, 2022 18:47:58 GMT
Hahahaha. Ahhhh man. This is it isn't it? We as a species are progressively getting more stupid.
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Post by π on Jan 30, 2022 19:32:31 GMT
Iβm going to buy the number 1 and the letter a. When theyβre used in any way in crypto (whether itβs the key, the file, the hex code of the colors, the name of the person who owns it or any of their social media names) Iβm going to demand a royalty.
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Bongo Heracles
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Post by Bongo Heracles on Jan 30, 2022 19:56:57 GMT
I donβt want to tell you how to side hustle, but if youβre sitting on letters you should buy N, F and T
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Post by Resident Knievel on Jan 30, 2022 21:21:21 GMT
Does anyone here actively trade crypto? I trade bitcoin on margin but that's it. I'm looking for some kind of NFT index with an eye on shorting soon, as I think mania is on the way. Anyone aware of such a thing? Yep, I have had a great month shorting bitcoin the past month, but mixed success before that. Probably going to stop soon as it's just gambling and most traders talk absolute bollocks. No idea about an NFT index, I don't think I would bother if there was one. |
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H-alphaFox
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Post by H-alphaFox on Jan 30, 2022 22:47:03 GMT
Shorting nfts?
I love this thread.
There is no platform for such a thing, I think.
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Post by MysteryLamb on Jan 30, 2022 23:01:40 GMT
I have sold everything I own and bought the NFT for the earth. Or a picture of it. Or a link to the picture of it.
So you all owe me rent now!
That's about as far as my understanding of what the hell is going on is. Money has always been just been an idea or a 'promise to pay', an illusion. The concept of ownership of anything is ultimately also an idea. Ontology is and has always been the reigning philosophy of collective human existence. All other ideas have shuffled about within ontological pillow cases.
NFTs take abstract idea of ownership and cubes it. Or decohedron's it.
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Post by dfunked on Jan 30, 2022 23:11:47 GMT
I buy some in the dips and sell when if shoots to the moon again. Got seriously obsessed with day trading years ago, but it's really something you need to set hard limits on and just walk away from. Never life savings kind of money, just whatever I've got knocking about that doesn't need to be in a rainy day fund.
The last few rides worked out well, and if this one doesn't I'll still be well ahead of where I started so it's all Sue Gravy, baby.
I can't attach that kind of mentality to my original crypto that I got from mining. Have a feeling I'll continue to hodl that until it's down to a dollar per BTC.
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Post by jimnastics on Jan 31, 2022 8:16:46 GMT
I can't attach that kind of mentality to my original crypto that I got from mining. Have a feeling I'll continue to hodl that until it's down to a dollar per BTC.
I remember around 2013/14 having 8 x 280x GPUs mining in my garage, I bought some wooden shoe racks and hung the GPUs from the top shelf using zip ties, connected to the motherboard (which was on the bottom shelf) using some PCI-E extension cables! Absolutely bonkers thinking back, you could hear the GPU fans blasting away from anywhere in the garden.
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Post by Tonka (π,πͺ€) on Jan 31, 2022 8:48:46 GMT
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Post by jimnastics on Jan 31, 2022 8:57:07 GMT
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sportβ
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Post by sportβ
on Jan 31, 2022 9:21:06 GMT
I can't attach that kind of mentality to my original crypto that I got from mining. Have a feeling I'll continue to hodl that until it's down to a dollar per BTC. I remember around 2013/14 having 8 x 280x GPUs mining in my garage, I bought some wooden shoe racks and hung the GPUs from the top shelf using zip ties, connected to the motherboard (which was on the bottom shelf) using some PCI-E extension cables! Absolutely bonkers thinking back, you could hear the GPU fans blasting away from anywhere in the garden.
What's the servicing costs on the Lambo? |
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H-alphaFox
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Post by H-alphaFox on Jan 31, 2022 9:22:04 GMT
I'm not really into trading but presumably you can do the same with the housing market and traditional arts?
Why is that shit not illegal, the stonks have a lot to answer for. Leverage is another that can fuck right off too.
The concept of borrowing someone's jpeg to then bet on that person selling that jpeg at a loss is even more surreal than the fact you can by a $3 selfie of an Indonesian guy and sell it for $1000 2 days later.
Still, if you must I'd go long.
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Bongo Heracles
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Post by Bongo Heracles on Jan 31, 2022 9:42:03 GMT
I cant imagine there is much of a market for it. I suspect 99% of people will sell at a loss.
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Post by Resident Knievel on Jan 31, 2022 10:16:27 GMT
Most NFT trades are down by a few whales selling to themselves and each other to inflate the prices and launder a bit of money.
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Post by Tonka (π,πͺ€) on Jan 31, 2022 10:17:16 GMT
I'm not really into trading but presumably you can do the same with the housing market and traditional arts? Why is that shit not illegal, the stonks have a lot to answer for. Leverage is another that can fuck right off too. The concept of borrowing someone's jpeg to then bet on that person selling that jpeg at a loss is even more surreal than the fact you can by a $3 selfie of an Indonesian guy and sell it for $1000 2 days later. Still, if you must I'd go long. I think capitalism in general is shit, which is one of many reasons I dislike blockchain tech so much. It really goes all in on the financial speculation. NFTs as a technology are perfectly useless as well. The OpenSea " hack" is a perfect illustration. If not even the posterchild for NFTs can be arsed using the blockchain then that's case is closed. |
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H-alphaFox
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Post by H-alphaFox on Jan 31, 2022 10:56:16 GMT
No, capitalists are the ones going all in on the speculation. It's a shame as btc was invented as an alternative to capitalist markets in response to the financial crisis and at it's core is inherently anti capitalist. Money corrupts everything as they say.
As for useless tech at this point that argument is like the 'internet will never take off'. It's over and done with, blockchain is here and not going anywhere. Governments and institutional money are all investing millions if not billions into this useless tech and they're still playing catch up. We are not even close to seeing it's full potential which will be mostly centralized and regulated eventually and by that time the lobbyists will be billions deep in it.
Anyway, my Helium miner is finally on it's way. Forgot I even ordered one tbh.
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dogbot
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Post by dogbot on Jan 31, 2022 11:00:36 GMT
I have sold everything I own and bought the NFT for the earth. Or a picture of it. Or a link to the picture of it. So you all owe me rent now! That's about as far as my understanding of what the hell is going on is. Money has always been just been an idea or a 'promise to pay', an illusion. The concept of ownership of anything is ultimately also an idea. Ontology is and has always been the reigning philosophy of collective human existence. All other ideas have shuffled about within ontological pillow cases. NFTs take abstract idea of ownership and cubes it. Or decohedron's it. Nah, we just owe you the idea of rent. So just for you, I've thought about paying it.  |
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Post by Tonka (π,πͺ€) on Jan 31, 2022 12:45:31 GMT
As for useless tech at this point that argument is like the 'internet will never take off'. It's over and done with, blockchain is here and not going anywhere. It really isn't. The blockchain technology is the same age as NodeJS, which says it all. NodeJS is used everywhere to great effect, even OpenSea prefer it to the blockchain. It's gone from beta to the backbone of the web. In the same time the blockchain has gotten slower, more expensive, and more polluting. It isn't the future. The idea that once a technology is invented and released it won't go away is also strangely unsubstantiated. The number of times I've seen new tech emerge, dominate, and then fade away over the last decades. Remember Multimedia CD-ROMs made with Director? Probably not. But Flash? That was massive, that was the web for a while. The blockchain was a nice PoC, but it has turned out that it was way to impractical for it to go anywhere. Other than speculation of course. |
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Post by γΉγ³γγγ©γ³γ on Jan 31, 2022 12:50:34 GMT
I'm hoping for another pump of my alt coins and to get out with some nice profit.
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Post by Trowel π΄σ §σ ’σ ·σ ¬σ ³σ Ώ on Jan 31, 2022 12:51:26 GMT
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H-alphaFox
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Post by H-alphaFox on Jan 31, 2022 13:23:47 GMT
As for useless tech at this point that argument is like the 'internet will never take off'. It's over and done with, blockchain is here and not going anywhere. It really isn't. The blockchain technology is the same age as NodeJS, which says it all. NodeJS is used everywhere to great effect, even OpenSea prefer it to the blockchain. It's gone from beta to the backbone of the web. In the same time the blockchain has gotten slower, more expensive, and more polluting. It isn't the future. The idea that once a technology is invented and released it won't go away is also strangely unsubstantiated. The number of times I've seen new tech emerge, dominate, and then fade away over the last decades. Remember Multimedia CD-ROMs made with Director? Probably not. But Flash? That was massive, that was the web for a while. The blockchain was a nice PoC, but it has turned out that it was way to impractical for it to go anywhere. Other than speculation of course. Has to be a wind up surely, hard to tell in this thread but I'm guessing you should know better and probably do. That's up there with JT shilling monkey pics to kids. |
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