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The Management posted:hi thread, long time no see. branding
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Jan 24, 2022 01:32
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The Management posted:hi thread, long time no see. They love Joe Rogan.
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Jan 24, 2022 01:33
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seriously, they were a well marketed NFT project that has perceived value because of its name recognition and visual distinctiveness.
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Jan 24, 2022 01:34
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the phrase "blue chip nfts" has been used without irony
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Jan 24, 2022 01:41
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NFT's are just another kind of coin (or token, if you will). nobody's buying NFT's for ~the art~, they're buying them for the same reason people buy bitcoin: because it costs money
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Jan 24, 2022 01:44
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The Management posted:hi thread, long time no see. Some of the people putting together NFT "collection" projects are rich and well connected. I assume almost all of them engage in wash trading. It's manufactured clout and FOMO. The "Bored Ape Yacht Club" tokens theoretically allow you entry to special events: https://www.theverge.com/22824387/bored-ape-yacht-club-nft-party-new-york Bullshit like this swirls around NYC with some regularity, this one just escaped into the wilds of the internet.
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Jan 24, 2022 01:47
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Sapozhnik posted:the phrase "blue chip nfts" has been used without irony it's wild
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Jan 24, 2022 01:48
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i like the new thing in nfts where they say if they sell enough they'll make the best fighting game/mmorpg/fps ever made that uses the nfts. or for the more discerning buyer there's one that says that they'll make a casino where gambling ape (GAPE) holders get 70% of the revenue
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Jan 24, 2022 01:49
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Holding on to my GAPE, hoping it will grow.
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Jan 24, 2022 01:52
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trouble is when you hold a GAPE the money tends to go down a hole
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Jan 24, 2022 02:05
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Goat rear end Party Équipe
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Jan 24, 2022 02:18
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The_Franz posted:looks like god smote the ape after it looked directly into the ark which 3:00 AM adult swim cartoon show that ran for one 10 episode season then canceled is this character from
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Jan 24, 2022 02:23
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gschmidl posted:Dan Olson's video on NFTs is out. this is the most succinct and sophisticated overview of blockchain garbage I've ever seen
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Jan 24, 2022 02:32
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EorayMel posted:which 3:00 AM adult swim cartoon show that ran for one 10 episode season then canceled is this character from i was gonna say Brad Neely's Harg Nallin' Sclopio Peepio but i feel like brad neely would make something better than that
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Jan 24, 2022 02:32
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The Management posted:hi thread, long time no see. check out the video just posted for a really good explanation of why the apes. the whole thing is really fascinating for how stupid it is
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Jan 24, 2022 02:33
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Amethyst posted:this is the most succinct and sophisticated overview of blockchain garbage I've ever seen Also a great litmus test as to where someone stands in regards to crypto.
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Jan 24, 2022 02:48
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being willing to watch a two and a quarter hour video about internet nonsense?
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Jan 24, 2022 02:50
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Shame Boy posted:NFT's are just another kind of coin (or token, if you will). nobody's buying NFT's for ~the art~, they're buying them for the same reason people buy bitcoin: because it costs money people, the type of people who can actually move the market, buy nfts for the same reason they buy fine art; it’s easier to move around than actual dirty money
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Jan 24, 2022 02:55
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https://twitter.com/th3j35t3r/status/1485414101794930690?s=21
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Jan 24, 2022 03:15
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i think there's also a not-insignificant amount of "it's expensive, it must be good, why would it be expensive if it's not good" going on way less than the money laundering and poo poo but you can kinda see this thinking pop up in monkey av idiots trying to twitter post away the little voice in the back of their head saying "dude this monkey cost more than a house"
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Jan 24, 2022 03:16
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that image comes up every time the price tanks a little bit i feel like it'd be more convincing if it wasn't photoshopped onto a picture where everything else in the image is in polish
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Jan 24, 2022 03:19
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Shame Boy posted:that image comes up every time the price tanks a little bit also jobs that involve handling cash generally don't want to hire gambling addicts
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Jan 24, 2022 03:24
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I've always wondered how many humans have access to the gigantic wallets at crypto exchanges like CoinBase. Surely there's some handful of DevOps nerds who could just gently caress off to an island with millions... right?
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Jan 24, 2022 03:51
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coelomate posted:I've always wondered how many humans have access to the gigantic wallets at crypto exchanges like CoinBase. why do that when you can just insider trade or wash trade or any number of other scams that nobody will actually ever bother to investigate you for
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Jan 24, 2022 03:53
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mark karples (who did nothing wrong) will never be repeated, surely
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Jan 24, 2022 03:54
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didn't it come out a while ago that like, the biggest winners on any given daily fantasy sports betting company were all just employees at a competing company and vice versa cuz they could just look at the internal secret statistics i assume that happens even more in crypto, except they probably don't bother to even do it on a competing company's exchange or anything they just do it right on the one they work for. and it make number go up, so who cares!!
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Jan 24, 2022 03:57
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I have a strong suspicion that a lot of the volume of trades on places like Coinbase is moving the same stuff around to make it look a lot more active than it really is.
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Jan 24, 2022 04:18
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hasn't that been outright confirmed by various studies
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Jan 24, 2022 04:27
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coelomate posted:I've always wondered how many humans have access to the gigantic wallets at crypto exchanges like CoinBase. https://blog.coinbase.com/production-threshold-signing-service-b16017c09661
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Jan 24, 2022 04:42
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lih posted:hasn't that been outright confirmed by various studies yes, constantly, its all people "buying" their own apes to make it look more valuable than it is with money they get from loans in the hopes that some sucker comes along and buys it for the inflated price
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Jan 24, 2022 05:09
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This was a good read and surprisingly non-insane. I’m not used to that in this ecosystem.
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Jan 24, 2022 05:10
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Amethyst posted:this is the most succinct and sophisticated overview of blockchain garbage I've ever seen e: he really needs to linger on "they don't let X go down; the build a bigger machine". Shumagorath fucked around with this message at 05:55 on Jan 24, 2022 |
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Jan 24, 2022 05:16
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https://twitter.com/VICE/status/1485462433552642052
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Jan 24, 2022 05:16
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scamming these dipshits is the easiest thing in the world huh
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Jan 24, 2022 05:27
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They pre-select. It's like doing a Nigerian Prince Email where people request you contact them about your millions you need to transfer.
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Jan 24, 2022 05:31
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coelomate posted:I've always wondered how many humans have access to the gigantic wallets at crypto exchanges like CoinBase. in some cases the answer is literally only 1 person so if you're QuadrigaCX and your owner gets hit by a bus and dies (or "dies"), the money is just gone forever and nobody can access it and then the owner's widow will write a book about how sad she is that everyone is accusing her dead husband of faking his death, taking all the money and running
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Jan 24, 2022 06:00
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coelomate posted:This was a good read and surprisingly non-insane. too bad the described method is incompatible with the signatures of bitcoin and most other major coins
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Jan 24, 2022 06:04
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isn't at least one of those people one of the "lick the ear-shaped microphone" people i mean i guess they still count as "influencers" but lmao
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Jan 24, 2022 06:09
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RPATDO_LAMD posted:in some cases the answer is literally only 1 person please, don't be crass, he didn't die in such an ignoble way he ate some spicy food while having a known stomach condition and died on the toilet as all great men do and no you can't see the body
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Jan 24, 2022 06:10
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do the lick the ear mic people get sponsorship deals do they like, stop to whisper about nord vpn into the ear mic in between licks
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Jan 24, 2022 06:11
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