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BTC down almost 10% since this past Monday night. Did the recent enormous NFT demand cause the miners to fork the satoshi blockchain ETH burn on the exchanges?
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Nov 16, 2021 09:05
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An NFT of the platonic concept of making GBS threads and farting.
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Nov 16, 2021 09:57
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nnnotime posted:BTC down almost 10% since this past Monday night. Did the recent enormous NFT demand cause the miners to fork the satoshi blockchain ETH burn on the exchanges? 10% swings are like a weekly thing for buttcoins, it doesn't need to be caused by anything in particular
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Nov 16, 2021 11:11
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Prurient Squid posted:An NFT of the platonic concept of making GBS threads and farting. Each of my shids is a seperate NFT. They are all unique.
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Nov 16, 2021 11:43
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 https://twitter.com/icebergy_/status/1459578746919428096
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Nov 16, 2021 12:53
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https://youtu.be/Tc0tLGWIqxA unbelievable how the framed act of buying a monkey jpg in a music video makes post malone look more like a loser nerd than playing magic the gathering on camera
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Nov 16, 2021 13:22
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comparing wearing a creepy mask in public to pre-mature ejaculation (also in public) is very on point
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Nov 16, 2021 13:29
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https://twitter.com/business/status/1460373315852423168?s=20quote:“Myself and the folks in the WWE thought $1,000 was a fair price point: We were wrong. We were absolutely wrong, ” Cena said at a convention in Florida in September. “I'm like, man, with a value like that, the 500 of them will be gone. We sold 37 of them. It was a catastrophic failure.” quote:Meanwhile, more celeb NFTs are coming. Director Quentin Tarantino just listed uncut scenes from “Pulp Fiction” as NFTs on OpenSea. So far, there are no takers.
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Nov 16, 2021 13:31
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Lmao the agents who pitched that poo poo to them are so out of job (One may hope)
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Nov 16, 2021 13:39
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Perhaps they just need more blockchain
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Nov 16, 2021 14:08
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Hopefully they convince their firm to buy the NFTs to massage their clients ego, and it sinks them. You know right now there is some coked up agent in the Hills yelling, "JUST loving BUY THEM YOU'RE MAKING ME LOOK LIKE AN IDIOT" at an intern.
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Nov 16, 2021 15:53
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Anyone Seen Tether’s Billions? Bloomberg can't find them. They probably don't exist.
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Nov 16, 2021 16:08
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Aramis posted:But this is different! In an NFT-based game, there's a tacit approval of that aftermarket by developers. It's like having all of the goodness that was brought by Diablo 3's real-money auctions without being able to extract any profit from it. What sane developer and/or publisher wouldn't jump on such a golden opportunity? The D3 rmah made Blizz lots of money, the problem was dealing with all the money laundering and the legal troubles they bring. Sounds familiar don't it.
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Nov 16, 2021 16:14
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ultrafilter posted:Anyone Seen Tether’s Billions? They definitely exist but you need to give me money to see them
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Nov 16, 2021 16:15
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Here on the blockchain it says they exist, it means it's true.
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Nov 16, 2021 16:20
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The Lone Badger posted:Each of my shids is a seperate NFT. They are all unique. Proud owner of Taco Bell Diarrhea #041
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Nov 16, 2021 16:20
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Paladinus posted:Here on the blockchain it says they exist, it means it's true. The blockchain has also verified this post thus proving the money exists
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Nov 16, 2021 16:25
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ultrafilter posted:Anyone Seen Tether’s Billions? the coiners are ~salty~ in the replies on this. they keep posting that attestation that Tether paid for as evidence that they are audited too. It's like it doesn't even matter to them that they have already been caught lying about their backing multiple times.
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Nov 16, 2021 16:26
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Yeah nobody approached because they didnt recognize the reference. It had nothing to do with them thinking you were a lunatic and approaching you would be annoying or possibly dangerous.
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Nov 16, 2021 16:29
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jokes posted:They definitely exist but you need to give me money to see them Specifically, you need to give me $1 for every dollar you want me to prove is there. In advance, no take backs.
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Nov 16, 2021 16:53
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“There are now 69 billion Tethers in circulation, 48 billion of them issued this year.” lol, totally legit If you’re touching the poop, you’ve earned what you’re gonna get
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Nov 16, 2021 17:02
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jokes posted:He held up a hammer in one hand “this can be used to build, destroy, kill and protect”. With his other hand he beheld a great golden bar: “this can entice many to provide goods and services”. He drops them both into the water, to be carried away to the ocean, angering the villagers. that's utility value
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Nov 16, 2021 17:04
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ChronoBasher posted:I forget what podcast, but heard and artist make the argument that the digital art market place has always been second fiddle to physical because of the copy problem, and he saw the value in NFTs because if he minted them himself they would be the only ones that were "signed" by him, or his wallet address. Thus giving equivalent value as a physically signed art price vs a reproduction. I get the argument, but it kind of hinges on believing that most people will give a drat about a "signed" digital work that is otherwise identical, bit for bit, to a copy of it, a copy that is not even painstakingly reproduced like a good copy, but just copy and pasted. Right clicked. Digital work does not lend itself to concepts of uniqueness or unreproducibility or rarity or anything like that. Native digital work like digital paintings, music, and video games are MEANT to be reproduced and your income comes not from selling a $10k physical painting to one person but a $10 print 1000 times. It's true that digital painting is less respected than physical painting, but lots of natively digital work is not, like video games (at least among our age group) and music.
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Nov 16, 2021 17:21
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Zil posted:The D3 rmah made Blizz lots of money, the problem was dealing with all the money laundering and the legal troubles they bring. Yeah but allowing NFTs as items in your game means all the trading is done outside your game and you can’t get a cut of the transaction price Why would a game dev add a feature that complicates everything and gain nothing?
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Nov 16, 2021 17:25
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I managed to sell a counterstrike knife without an NFT(?)
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Nov 16, 2021 17:58
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ymgve posted:Yeah but allowing NFTs as items in your game means all the trading is done outside your game and you can’t get a cut of the transaction price NFTs aren't a clear step back from Steam knives or Blizzard RMAH. They're a long complicated jig off to the side where you eventually trip and fall into a pile of dog poo poo.
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Nov 16, 2021 17:58
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ymgve posted:Yeah but allowing NFTs as items in your game means all the trading is done outside your game and you can’t get a cut of the transaction price *executive in the publishing company bursts through the door* “All the kids are talking about something called eneftii. Put it in the game, that’s an order”
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Nov 16, 2021 17:58
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I don't understand anybody saying "clearly bideo james companies are smart enough, they have been in this domain for decades." Haven't they all admitted they are interested in play to earn and other bullshit? It's getting worse before it's getting better.
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Nov 16, 2021 18:06
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Salt Fish posted:I managed to sell a counterstrike knife without an NFT(?) Yeah and people did math before computers so good job cro magnon man I know now that Bitcoin people are stupid as gently caress so I’m going to point out I’m being tongue in cheek here and NFTs are loving stupid and don’t help anyone anywhere at all
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Nov 16, 2021 18:06
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tehinternet posted:“There are now 69 billion Tethers in circulation, 48 billion of them issued this year.” I'm going to guess that there's about $10 million in actual tether reserves. My thinking is they probably have something so they can point to it, but it was probably more than that, like in the $50 million range, but that cash has been looted. I know I'm being optimistic in suggesting that there's any reserves at all...
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Nov 16, 2021 18:06
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zedprime posted:I don't understand anybody saying "clearly bideo james companies are smart enough, they have been in this domain for decades." Haven't they all admitted they are interested in play to earn and other bullshit? It's getting worse before it's getting better. the very short answer is "they're smart enough to know that it's idiotic of them to give up control over monetization and to jeopardize the legal fig leaf that they have over stuff like lootboxes"
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Nov 16, 2021 18:09
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zedprime posted:They're smart contracts. You can require a cut to whoever you want. Yourself, the queen of England, Satoshi. I mean, the proponents of NFTs all talk about exchanging items between games from completely different publishers. Even if you have a Counterstrike Knife NFT contract that skims off the top by Valve, why would Valve allow Call of Duty Knife NFTs into their game, where they don't control the contract?
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Nov 16, 2021 18:17
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jpmeyer posted:the very short answer is "they're smart enough to know that it's idiotic of them to give up control over monetization and to jeopardize the legal fig leaf that they have over stuff like lootboxes" Hmm, just hearing now Yves has set down his glass of Champaign to explain actually NFTs are cool and good. The public game companies are loving circuses, why give them any benefit of the doubt?
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Nov 16, 2021 18:17
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zedprime posted:I don't understand anybody saying "clearly bideo james companies are smart enough, they have been in this domain for decades." Haven't they all admitted they are interested in play to earn and other bullshit? It's getting worse before it's getting better. I'm sure you're already ahead of me on this, so my apologies, but of course play to earn doesn't require the blockchain, and its funny that every use case of blockchain has the same punchline that the exact same idea is already possible but its poo poo on its own so nobody is doing it or they try and get ran out of town because the systems are so miserable (d3 money auctions).
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Nov 16, 2021 18:29
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zedprime posted:Yup, sure, when I think competent, sustainable business practices I think public video game companies. they basically are looking to do something like nba top shot or that disny thing (aka, TECHNICALLY "blockchain" and "nft" but without any of the features that actually excites crypto idiots)
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Nov 16, 2021 19:30
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So the crypto bros have decided to take revenge on all of the furries constantly dunking on them by minting and selling said people's fursonas on the blockchain. It's going really well: https://twitter.com/NFTtheft/status/1460458070027354117?t=nEqnPoQ4Qu1gAI2NO4tGug&s=19
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Nov 16, 2021 20:55
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Doctor_Fruitbat posted:So the crypto bros have decided to take revenge on all of the furries constantly dunking on them by minting and selling said people's fursonas on the blockchain. "wealthy" crypto bros vs suspiciously wealthy furries. Gee I wonder who has the better lawyers.
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Nov 16, 2021 21:18
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what a bunch of weirdos
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Nov 16, 2021 21:19
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Salt Fish posted:I managed to sell a counterstrike knife without an NFT(?)
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Nov 16, 2021 21:28
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You can code all laws as smart contracts on blockchain, and then all transactions on blockchain will automatically be only legal.
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Nov 16, 2021 21:34
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