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New member, first post. Seems legit.
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I'm not buying, but I have been trading NFTs for NFTs...and also giving away some for free. It's fun! Like trading Pokemon cards!NFTs - who else is buying these magical JPEGs 👀
I'm not buying, but I have been trading NFTs for NFTs...and also giving away some for free. It's fun! Like trading Pokemon cards!
Many NFTs have added utilities to them. They might give you access to special events, exclusive gatherings, priorities for future giveaways, etc.Yea - whenever someone asks me what an NFT is, I tell them that they are the modern day trading card.
I lived through the trading card boom of the late 80s/early 90s. The manufacturers flooded the market with trading cards and destroyed the value. I wonder if that will happen to NFTs some day.
Can’t wait to see how this comment ages.Many NFTs have added utilities to them. They might give you access to special events, exclusive gatherings, priorities for future giveaways, etc.
For example, the regular ticket gets you into the concert, but those who own the special NFT get to meet-and-greet and take photos with the artist backstage.Can’t wait to see how this comment ages.
Imagine arguing that electronic concert tickets have value beyond getting you into the concert.
For example, the regular ticket gets you into the concert, but those who own the special NFT get to meet-and-greet and take photos with the artist backstage.
BUT IT'S BACKED BY BLOCKCHAIN TECHNOLOGY SO IT MUST BE VALUABLE!Can’t wait to see how this comment ages.
Imagine arguing that electronic concert tickets have value beyond getting you into the concert.
It helps to permanently track the provenance. For example, someone may try to sell you a Picasso, or what they claim to be a Picasso but no one really knows for sure. Maybe it was a counterfeit. Or maybe it was stolen. NFTs provide definitive evidence on the blockchain exactly who created the piece, what the pieces were listed for and sold for, and who has owned the piece from beginning to end!NFTs are just like crypto.
I get it. I understand the technology. Sure, it's neato.
But I don't see the use case in the real world that offers advantages over what we already have...
It's digital. It can be copied. Just like anything digital.It helps to permanently track the provenance. For example, someone may try to sell you a Picasso, or what they claim to be a Picasso but no one really knows for sure. Maybe it was a counterfeit. Or maybe it was stolen. NFTs provide definitive evidence on the blockchain exactly who created the piece, what the pieces were listed for and sold for, and who has owned the piece from beginning to end!
No one really cares about the image itself. It can be copied. The NFT is more of a proof of ownership or receipt that links to the piece.It's digital. It can be copied. Just like anything digital.
Obviously someone is the owner of every piece of digital intellectual property. But they already have something for this. It's called a copyright. The artist owns it. And if he/she wants to sell it they can. And the new owner assumes the copyright. You just create a contract.
Everything NFTs do can be done with existing legal procedures.
Just like how everything crypto currencies do, the regular banking system can do. Except with things like FDIC insurance. And a central bank. And stability in value. And the guarantee of governments for their value and use. And those governments have armies and navies to protect these interests.
This **** is so bonkers to me.
Right, it’s like when you buy artwork and the thing that really has value is the receipt.No one really cares about the image itself. It can be copied. The NFT is more of a proof of ownership or receipt that links to the piece.
I agree...good explanation!Right, it’s like when you buy artwork and the thing that really has value is the receipt.
Wait, what? That can’t be right.
Maybe it’s more like the certificate of authenticity. Which is also not the thing of value but proves the thing of value is legit.
No wait, I got it. It’s like when you buy artwork and the clearinghouse let you sign a ledger proving that you bought the artwork. That makes sense.
Do people care who has the copyright to some random meme on the internet? No.No one really cares about the image itself. It can be copied. The NFT is more of a proof of ownership or receipt that links to the piece.
I created my own collection of medical NFTs as a hobby. If anyone wants some for free, DM me and I'll hook you up!NFTs - who else is buying these magical JPEGs 👀
Great, now how am I going to get rich fast risk free?
To further reduce my risk should I buy on margin?Set buy orders for BTC 33k and ETH 2200.
To further reduce my risk should I buy on margin?
Hello, anyone have link to discord? Somehow channel disappeared on my discord. I enjoyed the content, if anyone would be willing to share..thanks!
Because it’s not only memes.Do people care who has the copyright to some random meme on the internet? No.
Then why does NFT ownership mean anything?
Here we go. Bitcoin needs to make a stand now or the tether wheels are coming off.
It went up 15% since yesterday, pretty impressive. But I wouldn't be surprised if it fell to 15k or lower later.
Bitcoin stood its ground at $17-18 k but it is too early to tell. I am actively following Tether as it is indictive of the overall crypto market. People are still withdrawing from Tether.
What are these 4 scenarios?
So did tulips. So did the east indy trading company stock. So did beanie baby’s and dot com stocks. So did subprime mortgage derivatives.Bitcoin has nothing to prove. It's been the most appreciating asset in the last ten years.
Other cryptos though, most, if not all, are scams.
With the exception of *some* dot com stocks, did any of the other bubbles you listed completely recover from their crashes to reach new highs?So did tulips. So did the east indy trading company stock. So did beanie baby’s and dot com stocks. So did subprime mortgage derivatives.
It’s all fun and games until the bubble pops.
SPAM
You’re still here.So funny how SDN bans 10+ year members faster than these spam bots.