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Started By
Message
re: HUMBL - Brian Foote interview with Rob Luna
Posted on 6/28/21 at 2:00 pm to Richleau
Posted on 6/28/21 at 2:00 pm to Richleau
quote:
One is a wealth manager, the other is a computer programmer turned CEO. Can you guess which is which? I understand you’re bearish about everything, but can we at least keep the conversation at an adult level?
I’m not bearish about everything, but I am bearish on Humbl. Plus, I’m not the one who made it juvenile - Foote started it when he wore that hat.
0
Posted on 6/28/21 at 2:10 pm to Richleau
Made a pretty penny here on this stock this spring, but it sure smells like a total pump and dump. Insane that this still has a 2x higher market cap than Standard Lithium. I think this stock still has much further to fall, will probably lose at least an additional 90% of current value by year end 2022...
Posted on 6/28/21 at 2:13 pm to Richleau
quote:
Because you can’t buy a literal actual ticket anymore. It’s all digital anyway.
First of all, that's simply not true. Players, families, staff, etc all have paper tickets.
quote:
This way, the digital ticket brings value.
But 50,000 people also have a digital ticket. What makes one that has somehow been designated as an "NFT" worth more than the digital ticket of the guy that sat next to me at the game?
Posted on 6/28/21 at 2:48 pm to WG_Dawg
Nothing, it’s worth just as much as the other 49,999. The key is finding the target market. Kinda makes the non-fungible concept a misnomer…if there’s 50,000 identical tickets, it’s a fungible object. It’s only non fungible because each associated block chain number is different.
The current marketing approach seems focus on the sale of some derivative ownership interest in a unique moment in time. Like Kobe’s first dunk. While that moment may be unique, you could now fabricate multiple NFTs by simply changing the resolution, or FPS, or camera angles.
Posted on 6/28/21 at 3:05 pm to lsuconnman
the people who said this all will be banned can't like this from the federal reserve
LINK
LINK
This post was edited on 6/28/21 at 3:06 pm
Posted on 6/28/21 at 5:24 pm to rocket31
quote:
the people who said this all will be banned can't like this from the federal reserve
Did you read the paper? Obviously it’s not calling for a ban of any type, but it’s not exactly supportive of crypto outside of stablecoins.
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