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There will come a world where you can't order a pizza without needing special pizzeria tokens, which have surge pricing. The toppings will have their own tokens too, and you'll have to outbid people for the popular ones. Of course, there will be tokens to be earned when you eat the pizza and share doing so, promoting all the tokens involved, thus earning you discount tokens which can be traded in the glorious future marketplace of hyper-commoditization. Yum!
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Jan 24, 2022 02:25
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Scam Likely posted:There will come a world where you can't order a pizza without needing special pizzeria tokens, which have surge pricing. The toppings will have their own tokens too, and you'll have to outbid people for the popular ones. Of course, there will be tokens to be earned when you eat the pizza and share doing so, promoting all the tokens involved, thus earning you discount tokens which can be traded in the glorious future marketplace of hyper-commoditization. Yum!
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Jan 24, 2022 02:30
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The internet, but you have to pay for every site you access!
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Jan 24, 2022 02:34
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Please spend 0.25 GOON to unlock this post!
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Jan 24, 2022 02:39
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Scam Likely posted:There will come a world where you can't order a pizza without needing special pizzeria tokens, which have surge pricing. The toppings will have their own tokens too, and you'll have to outbid people for the popular ones. Of course, there will be tokens to be earned when you eat the pizza and share doing so, promoting all the tokens involved, thus earning you discount tokens which can be traded in the glorious future marketplace of hyper-commoditization. Yum! Don't be silly, surge pricing isn't anywhere near as lucrative as continual blind auctions for line places, just like GAS. Yes, this does mean that your pizza will be thrown out half way through to make way for a richer person's pizza without recourse, but that should encourage you to splurge a bit more on $WUDFIRE next time. But don't get a head of yourself, you need to first obtain $CHEEZ from a dairy exchange to bid on actual non-fungible produce tokens, then you need to execute the cheese delivery to the pizzeria with a smart contract in a transportation auction. But don't worry, this will ensure you have complete transparency of what cheese is on your pizza, unless the person making the pizza just uses a different cheese.
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Jan 24, 2022 02:41
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Protocol7 posted:Please spend 0.25 GOON to unlock this post! This post reminds me how annoyed I am that I can't have an avatar without paying even more money 
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Jan 24, 2022 02:48
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NFTs are dead. They're burning the planet alive. That's because there's only one, centralized, Blockchain. My service eliminates this and offeres individualized artisan Blockchains provided to customers who want to access their tokens even when offline. No more gas fees, no more tedious minting. No more scams. The next generation. NFTwo.0
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Jan 24, 2022 02:49
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HootTheOwl posted:NFTs are dead. They're burning the planet alive. That's because there's only one, centralized, Blockchain. go on Twitter and find some random hexagon pfps to pitch this to, you'll make millions
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Jan 24, 2022 02:51
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coelomate posted:This post reminds me how annoyed I am that I can't have an avatar without paying even more money At least it's real dollarydoos and not blockchain shitbucks.
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Jan 24, 2022 03:16
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HootTheOwl posted:NFTs are dead. They're burning the planet alive. That's because there's only one, centralized, Blockchain. More like NFT.OwO
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Jan 24, 2022 03:36
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coelomate posted:This post reminds me how annoyed I am that I can't have an avatar without paying even more money You could always piss someone off. That's pretty effective.
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Jan 24, 2022 03:37
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yo, hold up. number can go down?
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Jan 24, 2022 04:45
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TVsVeryOwn posted:yo, hold up. number can go down? No, it's all FUD and FUD adjacent. Crypto and NFTs are perfect, don't question it or you won't get rich. Just buy. Buy, you loving pig.
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Jan 24, 2022 04:46
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syntaxfunction posted:No, it's all FUD and FUD adjacent. Crypto and NFTs are perfect, don't question it or you won't get rich. Just buy. Buy, you loving pig. I was in until you said pig. Bears make money, bulls make money, pigs get slaughtered.
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Jan 24, 2022 04:49
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coelomate posted:Agreed. I'm surprised more governments haven't responded to cryptocurrency as a threatening competitor to their fiat.
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Jan 24, 2022 05:55
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Over dinner had some friends talk about how they're selling everything and moving to stablecoins, and waiting for the crash so they can buy more. Please explain to me if this is good for bitcoin?
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Jan 24, 2022 12:15
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If the stable coins lose the peg, it's a fuckin bloodbath. All you need is a run on real dollars to happen at the same time
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Jan 24, 2022 12:22
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There is no reason or advantage to insert a cryptocurrency between you and the thing it is pegged to. There are established ways to hedge against currency volatility and failure. And the weird rear end fiat-doomer earlier just doesn't get that what comes after fiat currency is more fiat currency, it is just too useful to be able to inflate the money supply.
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Jan 24, 2022 12:28
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if the price of stable coins could change they wouldn't call them STABLE coins, idiots
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Jan 24, 2022 12:31
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Hector Delgado posted:Burn this hellworld Good news! Well, not good, actually.
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Jan 24, 2022 12:37
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They're called stable coins 'cos they're nothing but a big old mound of stinky horse poo poo.
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Jan 24, 2022 13:02
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orange sky posted:If the stable coins lose the peg, it's a fuckin bloodbath. All you need is a run on real dollars to happen at the same time
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Jan 24, 2022 13:30
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Gmaz posted:It's funny how the crypto market has fallen like 50% in a few months and it's still not considered a bloodbath. And you are right, for crypto the current kind of fall is something they saw many times already. CNBC is at least starting to report it. This was on the front page today. $130 billion wiped off crypto markets in 24 hours as bitcoin, ether drop to multi-month lows.
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Jan 24, 2022 13:48
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I think there's only so many times you can report on a massive sell off before people stop caring whether it means anything or not. This is like the 10th time it's crashed.
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Jan 24, 2022 14:11
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https://twitter.com/muggzo/status/1484398519385346050
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Jan 24, 2022 14:16
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Gmaz posted:It's funny how the crypto market has fallen like 50% in a few months and it's still not considered a bloodbath. And you are right, for crypto the current kind of fall is something they saw many times already. Where this analysis falls down, however, is that it assumes no external force or even simply that one can't indubitably rely on these patterns to predict future returns. "Past returns are not an indicator of future returns" is, after all, the first thing drummed into you about stocks & shares investments. Regular Ponzi schemes can grow and shrink without collapsing and maintain the illusion of growth over several years. On a long enough timeline it seems inevitable that the SEC et al will seek to regulate crypto in some fashion, even if it is as simple as regulating the entry and exit points. Mad paper gains are all for naught if the banks are forbidden from receiving or sending money to exchanges. More likely it seems is that they will work hard(er) to tax it. Either way, there is the potential for practical depression and restraint of crypto without actually "banning it", as the true believers imagine is the only mechanism available to them.
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Jan 24, 2022 14:27
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busalover posted:Cool crypto headline of the day: quote:Surgeon faces legal action for trying to sell Bataclan victim X-ray as NFT
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Jan 24, 2022 14:32
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repiv posted:found the original transaction, he paid $17.5k for that if i'm reading opensea correctly, he bought it in november, meaning before the months of crypto prices tumbling, so it was closer to $30k at the time lol
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Jan 24, 2022 15:04
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oh you're right, opensea shows the dollar price based on the current exchange rate not the exchange rate at the time of the transaction it showed $17.5k when i looked before but now it's $14.9k because crypto keeps falling lol
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Jan 24, 2022 15:12
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Durzel posted:Crypto dying and rising up again is part of the narrative. The belief is that it rises higher every time it falls. To be honest if you look at the charts over the years this has actually been borne out previously.
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Jan 24, 2022 15:18
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Gmaz posted:Yeah the operating assumption is that it never went below previous peak e.g. currently that would be 20k, before the recent run it was 1.5k or so. I think before this happens all the crypto people will just say that it's normal volatility, however if we break those amounts then a huge assumption about the market will be proven false and that's when we might see the poo poo actually hit the fan because suddenly it will not be true that "number go up" even on a longer period of time. Isn't it already below the peak of the previous crash? I remember about six months of so ago, bitcoin was also at around $60k and crashed to around $30k. I get the impression that bitcoin has reached its maximum extent and every time it gets up over $50k, it triggers a cash out. I know that's famous last words given the raw irrationality of crypto, but they might be running out of that pyramid's base.
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Jan 24, 2022 15:36
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This is what BTC looks like over the past ~8 years.
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Jan 24, 2022 15:49
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And for no particular reason:
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Jan 24, 2022 15:50
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was going to request that graph until scrolled down further
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Jan 24, 2022 16:01
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And the 2019 spike does correspond to the public getting involved. Only problem is that bit coin's actual value is zero point zero, so the mean growth line should be flat
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Jan 24, 2022 16:04
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check out this new technology NFT artists invented https://twitter.com/musketon/status/1485012739911307273
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Jan 24, 2022 16:10
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Can't wait for the magic eye NFTs.
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Jan 24, 2022 16:22
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Mooseontheloose posted:CNBC is at least starting to report it. This was on the front page today. I love how places like CNBC get "crypto experts" on that talk about Bitcoin like it is just a regular asset with "fundamentals" and "price targets" when it costs a shitload of money from constantly selling Bitcoin just to keep the network operating.
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Jan 24, 2022 16:39
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Three Olives posted:I love how places like CNBC get "crypto experts" on that talk about Bitcoin like it is just a regular asset with "fundamentals" and "price targets" when it costs a shitload of money from constantly selling Bitcoin just to keep the network operating. Have you considered that living in a society costs a shitload of money? Checkmate, doomer 
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Jan 24, 2022 16:42
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Zil posted:Can't wait for the magic eye NFTs. WDYM every time I look at one all I see is a big 0 but everyone else sees "elventy thousand of dollars"
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Jan 24, 2022 17:52
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