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Vincent Van Goatse posted:It's $9 million worth of some crypto currency, not $9 million straight up. I'd turn it down too because there's no way to exchange it for actual money. They could absolutely cash that out, it's not that difficult. I don't know where this notion that it's absolutely impossible to trade crypto for dollars came from.
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Oct 16, 2021 18:21
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Vincent Van Goatse posted:It's $9 million worth of some crypto currency, not $9 million straight up. I'd turn it down too because there's no way to exchange it for actual money. I mean, even if you only got 10% cashing it out it might still be worthwhile. Or maybe buy 9 million dollars worth of weed? I would contend that 9 million in funny money is probably worth more than an embarrassing pixel avatar. Quasi-related, I find it deeply embarrassing when people have to include smoking in their avatar, as if that is a central part to their identity.
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Oct 16, 2021 18:24
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repiv posted:They could absolutely cash that out, it's not that difficult. I don't know where this notion that it's absolutely impossible to trade crypto for dollars came from. And, of course, cashing out 9.5 mil is going to attract a lot of attention.
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Oct 16, 2021 18:27
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IncredibleIgloo posted:Quasi-related, I find it deeply embarrassing when people have to include smoking in their avatar 
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Oct 16, 2021 18:27
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If you've ever used tinder or grindr you know to filter out everyone who thinks "smokes weed" is a personality
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Oct 16, 2021 18:30
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IncredibleIgloo posted:Quasi-related, I find it deeply embarrassing when people have to include smoking in their avatar, as if that is a central part to their identity. It's someone representing themself with an NFT; you already know they're a deepy uninteresting person.
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Oct 16, 2021 18:40
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I should clarify; I think your avatar is amazing. I meant people who use a depiction of themselves or a stylized depiction of themselves. The biggest offender I can think of here is the TERF guy who smokes a pipe. Glinner?
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Oct 16, 2021 18:42
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Mr.Radar posted:While we're on NFTs: My vote is for a completely fake marketing stunt to convince future bagholders that NFTs are worth holding onto.
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Oct 16, 2021 18:43
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A key part is that these people have the worst taste in everything.
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Oct 16, 2021 18:43
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IncredibleIgloo posted:I should clarify; I think your avatar is amazing. I meant people who use a depiction of themselves or a stylized depiction of themselves. The biggest offender I can think of here is the TERF guy who smokes a pipe. Glinner? All he has now is carbonara and semen-encusted jeans
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Oct 16, 2021 18:51
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Tenebrais posted:It's someone representing themself with an NFT; you already know they're a deepy uninteresting person. Oh, they're interesting all right, in the same sense that the Goiânia accident incident is interesting.
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Oct 16, 2021 18:53
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repiv posted:They could absolutely cash that out, it's not that difficult. I don't know where this notion that it's absolutely impossible to trade crypto for dollars came from.
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Oct 16, 2021 18:57
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Ok I still don't get this NFT stuff. Is there a specific reason they all seem to be lovely pixel art that looks like you churn out a thousand an hour?
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Oct 16, 2021 18:59
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kazil posted:Ok I still don't get this NFT stuff. Is there a specific reason they all seem to be lovely pixel art that looks like you churn out a thousand an hour? Money laundering and ponzi schemes.
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Oct 16, 2021 19:05
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Fighting Trousers posted:You shouldn't. She's a woo grifter and pretty ghoulish in her own right. Yeah, people acting like she's some innocent just because she's more openly crazy than some of the other ghouls are completely wrong. She'd be incredibly dangerous in the same way
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Oct 16, 2021 19:10
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Sell MSpaint portrait. Buy 9 drugs for 9 million of imaginary internet money. Sell them at an increased prize. Rise rapidly to the top of the criminal underworld. Fly too close to the sun. Go our it in a blaze of glory. The world is yours.
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Oct 16, 2021 19:10
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Coolness Averted posted:Who do you think has 9 million in cash right now and wants that much crypto? Yeah sure you can slowly divest and cash out from the 1k you put in 10 years ago and do pretty good. But if even just a small percentage of cryptocoin millionaires wanted their money now the entire thing would fall apart. There's certainly not enough demand for every crypto holder to cash out simultaneously, but we're talking about just that one guy specifically cashing out his pixel jpeg. Even if he takes the lazy route of going via exchanges, the big ones all allow withdrawals of $50-100k every single day so with a bit of persistence he could liquidate the crypto in a few months. So yeah he's a dumbass for not taking the money and running (assuming the offer was genuine and he's not just pumping the value as someone else mentioned)
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Oct 16, 2021 19:12
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repiv posted:They could absolutely cash that out, it's not that difficult. I don't know where this notion that it's absolutely impossible to trade crypto for dollars came from. lmao every single time someone has tried to cashout a significant amount of cryptocurrency (think millions) it has actively crashed the marketplace they're using and craters the price, usually well before the "investment" is sold
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Oct 16, 2021 19:13
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FreudianSlippers posted:Sell MSpaint portrait. Buy 9 drugs for 9 million of imaginary internet money. Sell them at an increased prize. Rise rapidly to the top of the criminal underworld. Fly too close to the sun. Go our it in a blaze of glory. https://gfycat.com/gratefulathleticgalapagostortoise Oh my god, I just realized every CryptoBro thinks of themself as this character in the same way 2000s mall ninjas thought of themselves as Neo
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Oct 16, 2021 19:16
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kazil posted:Ok I still don't get this NFT stuff. Is there a specific reason they all seem to be lovely pixel art that looks like you churn out a thousand an hour? As I understand it, there's two factors here. One is that the lovely pixel art or badly-drawn furries are designed as collectable series, so it's got the same sort of market as the beanie baby fad in the 90's going for it. People get theirs and can judge and compare their rarity and try to get a collection of similar ones or whatever. I'm not sure where the line is drawn between excited collectors and people just in it to profit from the bubble; I'm not sure the people actually buying them know either. The other is that NFT's being a proof of ownership is entirely theoretical and purely down to everyone agreeing that an NFT does actually prove that. If they were trading actually good and desirable art they'd face a lot more arguments over whether they really own anything, since other people might actually want that art. With lovely pixel art the only people that even care are the ones already invested in the NFT idea.
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Oct 16, 2021 19:16
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repiv posted:… if he takes the lazy route of going via exchanges, the big ones all allow withdrawals of $50-100k every single day so with a bit of persistence he could liquidate the crypto in a few months. The currency of the future!
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Oct 16, 2021 19:17
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kazil posted:Ok I still don't get this NFT stuff. Is there a specific reason they all seem to be lovely pixel art that looks like you churn out a thousand an hour? From what I can tell the ones that look like that are all part of "Collections". They tend to have a few different components for the different aspects of the drawing, and then they make 1,000 of them. 1,000 seems to be the most common number. So maybe there are 50 pixel guys smoking out of 1000, and 50 pixel guys with 3D glasses, but only 10 pixel guys with both. This allows the individual user to find one they like and they can feel as if there is actual rarity to the item. This seems to be the meta behind the popular NFT "Collections" so if you have an NFT that doesn't look similar people assume that it is not a collectible, or does not have a team behind it doing something to drive the collectability, or whatever. Kind of like even if you don't play magic cards or ccgs you can tell at a glance "Oh that is a CCG, not a hockey card, or a playing card" and the lovely art style is the signifier in this case.
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Oct 16, 2021 19:18
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repiv posted:There's certainly not enough demand for every crypto holder to cash out simultaneously, but we're talking about just that one guy specifically cashing out his pixel jpeg. Even if he takes the lazy route of going via exchanges, the big ones all allow withdrawals of $50-100k every single day so with a bit of persistence he could liquidate the crypto in a few months. how much fake rear end coin do you own
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Oct 16, 2021 19:19
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Skwirl posted:Isn't the point of soylent that you can only eat it and get all the nutrients you need? I think it's things like rent or mortgages that you can't pay in crypto is what makes it not a replacement for real money instead of just being a ponzi scheme. In theory yes but I think I might actually rather die than try. But yes it also applies to rent and poo poo too.
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Oct 16, 2021 19:21
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Bottom Liner posted:how much fake rear end coin do you own I don't own any crypto lol, all I'm getting at is that if I were in the position of that NFT guy standing to receive $9M worth of crypto I wouldn't turn it down on the basis of it being too hard to turn into real money repiv has a new favorite as of 19:39 on Oct 16, 2021 |
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Oct 16, 2021 19:22
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Soylent provides all your daily levels of heavy metals and toxic algae
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Oct 16, 2021 19:23
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kazil posted:Ok I still don't get this NFT stuff. Is there a specific reason they all seem to be lovely pixel art that looks like you churn out a thousand an hour? You do actually get it. It's just that stupid and your brain is having trouble parsing how something that stupid could be what all the hype is about.
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Oct 16, 2021 19:25
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Lol https://twitter.com/CoinersTakingLs/status/1448896602890932229
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Oct 16, 2021 19:42
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https://twitter.com/CoinersTakingLs/status/1448904511339130884
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Oct 16, 2021 19:45
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https://twitter.com/steinkobbe/status/1449360767619411978?s=20
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Oct 16, 2021 19:56
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Imagine walking into someone's house and seeing this.
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Oct 16, 2021 20:01
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Coolness Averted posted:Who do you think has 9 million in cash right now and wants that much crypto? Yeah sure you can slowly divest and cash out from the 1k you put in 10 years ago and do pretty good. But if even just a small percentage of cryptocoin millionaires wanted their money now the entire thing would fall apart. Trying to cash out all at once and singlehandedly destroying the NFT economy sounds worth it all on its own tbh
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Oct 16, 2021 20:07
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mmmm I dont think thats s valid english thread.
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Oct 16, 2021 20:08
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and, in a Petersonian sense,
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Oct 16, 2021 20:15
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Improbable Lobster posted:lmao This is assuming their account isn't locked for spurious reasons or the exchange's connection to the traditional banking system and therefore actual money somehow breaks or is shut down, simply to prevent the liquidity leaving the system and ALSO that their exchange of choice actually has that much liquidity.
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Oct 16, 2021 20:18
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I like how some of the lazy lions appear to have that anime sex face
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Oct 16, 2021 20:28
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Zero_Grade posted:Imagine walking into someone's house and seeing this. Still trying to figure out if this is better or worse than the furry dog dick coffee table that another crypto bro had.
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Oct 16, 2021 20:28
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Faustian Bargain posted:I like how some of the lazy lions appear to have that anime sex face I like how the lion logo on some of the clothes is just stolen from the UK Independence Party rare trait: racist lion
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Oct 16, 2021 20:40
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Zil posted:Still trying to figure out if this is better or worse than the furry dog dick coffee table that another crypto bro had. If you could use the table as a table, then that's better
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Oct 16, 2021 20:42
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Zero_Grade posted:Imagine walking into someone's house and seeing this. internet tough guy : I would damage it because. 1) they already have the nft, so they already have it. infact destroying the physical would make more value somewhow. 2) They insured it right? surely a insurance company took a look and hahahahahahahhahah
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Oct 16, 2021 20:48
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