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re: Bitcoin all time high.

Posted on 3/4/24 at 11:12 am to
Posted by Captain Rumbeard
Member since Jan 2014
4252 posts
Posted on 3/4/24 at 11:12 am to
quote:

Nfts were never a store of value. I own a lot of nfts and the general consensus was/is that it's a very niche market in a very risky investment field. Like crypto, 99% are complete trash. I got lucky and got in early on a blue chip nft but mostly everything else has been a miss. Nfts do have their place though in the market.


Was so annoying watching them turn what will ultimately be one of the greatest tools created by blockchain into a monkey trading card scheme. Personally I want an NFT ballot for voting. Shut all chance of cheating completely down.
Posted by Longhorn Actual
Member since Dec 2023
1005 posts
Posted on 3/4/24 at 11:23 am to
quote:

Was so annoying watching them turn what will ultimately be one of the greatest tools created by blockchain into a monkey trading card scheme. Personally I want an NFT ballot for voting. Shut all chance of cheating completely down.



Don't disagree at all.

The underlying ideas/technologies are not the issue, in my opinion. I'm simply bearish on some of the use cases - specifically the "how can we separate people from their money" ones.

Blockchain, NFTs, etc. = good.

Crypto (as it stands now) and "monkey trading card schemes", not so much.
Posted by Longhorn Actual
Member since Dec 2023
1005 posts
Posted on 3/4/24 at 11:23 am to
Double-post
This post was edited on 3/4/24 at 11:25 am
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 3/4/24 at 11:23 am to
quote:



Was so annoying watching them turn what will ultimately be one of the greatest tools created by blockchain into a monkey trading card scheme


It is but I'm also part of the blame. Crypto was getting boring and my buddy turned me onto the nft craze. It's a fun area but it's filled with broke foreign people

I wish they would get away from the trying to make video games crap. They don't have the funding for it
This post was edited on 3/4/24 at 11:28 am
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