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FMguru posted:they were supposedly spending $10bn/year on metaverse /vr stuff and that division supposedly had 18000 employees I have a feeling that at least some of this current crash is from places like Meta being expected to do layoffs and causing the tech bros to, if not sell for USD, at least stop putting more money into crypto.
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# ? May 12, 2022 17:05 |
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# ? Jun 5, 2024 07:52 |
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Perplx posted:besides being media distraction meta was about scanning the inside of your house using a vr helmet why exactly would they be interested in the insides of my trash hovel?
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# ? May 12, 2022 17:05 |
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Mr. Nice! posted:ransomware dried up since russia locked itself away from the world's internet and as a result crypto volume cratered and a few cashouts plus people running arbitrage attacks against dumb contracts have caused prices to plummet and a lot of idiots to have massive losses. eh i think this is probably wrong crypto has become insanely correlated with the nasdaq because it's the same speculative bubble. interest rates were zero, people were looking for returns, they piled into dumber and dumber poo poo. now that interest rates are rising and those bubbles are popping, crypto is as well.
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# ? May 12, 2022 17:07 |
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Deep Dish Fuckfest posted:why exactly would they be interested in the insides of my trash hovel? just another data point for advertisers/cia, they would see you live in a trash hovel and not just infer it from your posts
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# ? May 12, 2022 17:08 |
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This is incredible, the first virtual hot dog!
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# ? May 12, 2022 17:18 |
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Paladinus posted:This is incredible, the first virtual hot dog! that's a glory hole
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# ? May 12, 2022 17:18 |
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It looks SO poo poo
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# ? May 12, 2022 17:21 |
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Wachter posted:It looks SO poo poo It's a prototype, it's going to have smaller pixels on release.
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# ? May 12, 2022 17:25 |
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Good thing they censored it, now nobody will know it looks like a stupid piece of plastic strapped to your face
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# ? May 12, 2022 17:37 |
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https://twitter.com/unusual_whales/status/1524789830844043266?s=21&t=f12DHP4R4JBw_wS6dLrThQ edit: this I guess https://twitter.com/terra_money/status/1524785058296778752?s=21&t=f12DHP4R4JBw_wS6dLrThQ
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# ? May 12, 2022 17:39 |
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i'm glad the decentralized future currency that can never be shut down by a central authority has been shut down by the central authority
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# ? May 12, 2022 17:41 |
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just reboot it https://twitter.com/terra_money/status/1524790163846864896?s=21&t=f12DHP4R4JBw_wS6dLrThQ
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# ? May 12, 2022 17:42 |
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https://twitter.com/rajat_suresh/status/1524769767676125184?s=21
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# ? May 12, 2022 17:52 |
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no, you fool! apes were not meant to have more than one slurp juice!
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# ? May 12, 2022 18:05 |
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quote:My retired dad and my close to retirement mom have been hinting that they want me to get them into crypto over the past year. I’ve been reluctant to help in the midst of a raging bull market. Now that we’ve had a pretty consistent downturn Im willing to start helping them dollar cost average. My parents are fairly anti-tech and don’t even use online banking. Naturally my dad‘s reluctant to open a Coinbase account. If I were to buy bitcoin for them and send it to a cold wallet, how would this work down the road if and when they realize profit? quote:Don't! quote:Nope. Dont. quote:If you love them, don’t. quote:People saying "don't" are "investors" who are in the business of trying to make more fiat.
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# ? May 12, 2022 18:06 |
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FMguru posted:they were supposedly spending $10bn/year on metaverse /vr stuff and that division supposedly had 18000 employees doing what? they had that many people making "second life, but not fun"?
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# ? May 12, 2022 18:09 |
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> People saying "don't" are "investors" who are in the business of trying to make more fiat. quelle horreur
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# ? May 12, 2022 18:10 |
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Hammerite posted:doing what? they had that many people making "second life, but not fun"? quote:It’s unclear if people will find AR glasses useful in the next few years. Similar products from Microsoft, Snap and others are far from mainstream. And the stakes couldn’t be higher for Meta. Its division making metaverse hardware and related software has swelled to roughly 18,000 people, costing the company $10 billion last year alone. To build the glasses and future VR hardware, Meta has aggressively poached from Microsoft, Apple, Google, and others, driving up the price of talent across the industry.
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# ? May 12, 2022 18:14 |
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now that the prices are cratering, it's the perfect time to buy!
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# ? May 12, 2022 18:16 |
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FMguru posted:has swelled to roughly 18,000 people, costing the company $10 billion even if you paid each one of those people $200k (a pure fantasy), that's $3.6b, where the gently caress is the rest of that going
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# ? May 12, 2022 18:22 |
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a lot of execs and they don’t get paid $200K
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# ? May 12, 2022 18:24 |
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Just-In-Timeberlake posted:even if you paid each one of those people $200k (a pure fantasy), that's $3.6b, where the gently caress is the rest of that going FB mainstream software toucher pay literally is $350k-$400k
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# ? May 12, 2022 18:28 |
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And the execs make several times that, yeah
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# ? May 12, 2022 18:29 |
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Twerk from Home posted:FB mainstream software toucher pay literally is $350k-$400k also, employees have costs above their pay (benefits, taxes, office space and overhead, etc)
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# ? May 12, 2022 18:30 |
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Twerk from Home posted:FB mainstream software toucher pay literally is $350k-$400k Had no idea that moral compasses were going for that much these days
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# ? May 12, 2022 18:31 |
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evilweasel posted:also, employees have costs above their pay (benefits, taxes, office space and overhead, etc)
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# ? May 12, 2022 18:31 |
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https://twitter.com/marenaltman/status/1524652171026911232
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# ? May 12, 2022 18:35 |
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fisting by many posted:eric adams should have to pay a lot more than that to be mayor hes too busy partying with neocon shitheels and wrecking homeless people's poo poo to notice
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# ? May 12, 2022 18:39 |
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*goes to a retardedly expensive nightclub packed with Young Republicans* oops guys i got covid
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# ? May 12, 2022 18:42 |
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eric adams is really bad
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# ? May 12, 2022 18:42 |
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Hammerite posted:doing what? they had that many people making "second life, but not fun"? They lumped anything tangentially related to VR/AR into that. Location services, mapping, 3d engines. It all counts.
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# ? May 12, 2022 18:44 |
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look i don't need to win the billion dollar jackpot on the lottery tickets i bought, i will settle for the five million dollar prize
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# ? May 12, 2022 18:53 |
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good pitch, definitely get all excited to do it and explain to your parents that you can't ever actually get money back out because it's not about that and see how enthusiastic they are to hand over their savings after that
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# ? May 12, 2022 19:12 |
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They laughed at my physical ape hoarding, but now who has the last laugh???
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# ? May 12, 2022 19:13 |
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genuine question, if an ape is "worth" $1000 then ether drops by 50%, is it now worth twice as much ether, or is it worth $500?
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# ? May 12, 2022 19:21 |
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YOU CAN'T DEVALUE MY JPEGS, THEY'RE NON-FUNGIBLE NON FUNGIBLE
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# ? May 12, 2022 19:21 |
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Chalks posted:genuine question, if an ape is "worth" $1000 then ether drops by 50%, is it now worth twice as much ether, or is it worth $500? they're "valued" separately based on precisely which ape.jpg you have, but since you most likely have to sell in ETH, the latter e: if this makes no sense remember we're talking about trading jpegs as unregistered securities here Beeftweeter fucked around with this message at 19:31 on May 12, 2022 |
# ? May 12, 2022 19:26 |
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Beeftweeter posted:YOU CAN'T DEVALUE MY JPEGS, THEY'RE NON-FUNGIBLE https://twitter.com/MikeDulaimi/status/1522306898397118465?s=20&t=nrrVRVYXTpgfqaPxUEOgjw
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# ? May 12, 2022 19:31 |
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CommieGIR posted:https://twitter.com/MikeDulaimi/status/1522306898397118465?s=20&t=nrrVRVYXTpgfqaPxUEOgjw love that the number is just bleeding out at the end
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# ? May 12, 2022 19:43 |
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# ? Jun 5, 2024 07:52 |
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https://twitter.com/liz_franczak/status/1524753471853019137
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# ? May 12, 2022 19:45 |