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Looks like you can't make money long term by selling NFT JPEGs
Posted on 1/4/23 at 8:43 pm
Posted on 1/4/23 at 8:43 pm
quote:
Fanatics sells it’s 60% stake in NFT company Candy Digital. CEO wrote "Over the past year, it has become clear that NFTs are unlikely to be sustainable or profitable as a standalone business” in the internal email.
LINK
20
Posted on 1/4/23 at 8:45 pm to saintforlife1
With each passing day I get further and further away from being able to understand what this world is becoming.
This post was edited on 1/4/23 at 8:46 pm
Posted on 1/4/23 at 8:46 pm to Darth_Vader
quote:
I get further and further was at from being able to understand what this world is becoming
You have lived through baseball cards, comic books, and beanie babies
Posted on 1/4/23 at 8:46 pm to saintforlife1
Funge around and find out.
Posted on 1/4/23 at 8:47 pm to saintforlife1
Jones: You don't know anything about NFTs to know what you are talking about.
Posted on 1/4/23 at 8:48 pm to saintforlife1
What a time that was. A big red warning light the economy/market was a little too frothy.
Posted on 1/4/23 at 8:49 pm to wheelr
Where's Rocket anyway?
Posted on 1/4/23 at 8:50 pm to saintforlife1
If any of y'all want to take this off my hands let me know
Posted on 1/4/23 at 8:50 pm to saintforlife1
I don't feel sorry for anyone who sunk money into NFTs.
Posted on 1/4/23 at 8:52 pm to saintforlife1
pour one out for the homie rocket
Posted on 1/4/23 at 8:52 pm to SlowFlowPro
quote:
You have lived through baseball cards, comic books, and beanie babies
And never once did it cross my mind to spend millions on one.
Posted on 1/4/23 at 8:53 pm to Darth_Vader
I can’t explain/understand how you make money on NFT’s if you had a gun to my head. Crypto I get. Those NFT’s no.
This post was edited on 1/4/23 at 8:55 pm
Posted on 1/4/23 at 8:53 pm to saintforlife1
It just never made sense to me. Why pay for something I can just screenshot and save in a folder?
Posted on 1/4/23 at 9:01 pm to OweO
quote:
Jones: You don't know anything about NFTs to know what you are talking about.
I agree with the Op you dingus.
Ive said plenty of times 99.99% of nfts are going to be worthless
Posted on 1/4/23 at 9:01 pm to Darth_Vader
quote:
With each passing day I get further and further away from being able to understand what this world is becoming.
Kind of reminds me of watching my grandparents be so bewildered at things as they grew older….only it’s happening MUCH faster now, and will continue to accelerate. They were bewildered in their late 70’s 80’s…I’m bewildered in my 50s.
Posted on 1/4/23 at 9:07 pm to CrownTownHalo
In the case of nfts only people bewildered are people who try to understand how these things had any traction to begin with....
Ah yeah money laundering and then people gambling
Ah yeah money laundering and then people gambling
Posted on 1/4/23 at 9:07 pm to CrownTownHalo
quote:
They were bewildered in their late 70’s 80’s…I’m bewildered in my 50s.
Try being bewildered in your 30’s!!
Posted on 1/4/23 at 9:08 pm to kengel2
quote:if you didn’t have millions, you wouldn’t understand
And never once did it cross my mind to spend millions on one.
NFTs were just gonna be another way of saying “it’s a club, and you ain’t in it”. This was gonna be like a country club for tech bros, and you’d have to have the right NFTs for acceptance in their world.
This post was edited on 1/4/23 at 9:11 pm
Posted on 1/4/23 at 9:11 pm to Deactived
quote:
Ive said plenty of times 99.99% of nfts are going to be worthless
You are going to end up being very close to right.
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