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re: Can we revisit the wonderful insanity of the NFT era?

Posted on 3/2/26 at 2:12 pm to
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
37071 posts
Posted on 3/2/26 at 2:12 pm to
quote:

Bored ape yacht club I think it was called. I've never understood something less in my life.


But, baw, some of them WERE RARE!!!! Never mind the fact they could make an infinite number of them and none of them had any value whatsoever to start
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477219 posts
Posted on 3/2/26 at 2:53 pm to
quote:

Correct me if I'm wrong, but isn't this the same thing that goes with the memecoin bullshite? The whole "this has value because we say it does, so get in now before it really takes off!" schtick?

Same thing.

Crypto in general, has this issue. I consider NFTs in the crypto-sphere.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477219 posts
Posted on 3/2/26 at 2:56 pm to
quote:

you sound salty

Nothing salty about being proven right
Posted by CatfishJohn
Member since Jun 2020
20326 posts
Posted on 3/2/26 at 3:00 pm to
I don't think I'm a brilliant person by any means and this NFT shite always sounded absolutely absurd to me. How did people invest tons of money into this crap?

I'm not sure how anyone bought into this. Still baffled. I know some otherwise very smart guys who spent thousands on some random NFTs online.
Posted by CatfishJohn
Member since Jun 2020
20326 posts
Posted on 3/2/26 at 3:02 pm to
quote:

Beanie babies for millennials



Beanie babies were for us

And that was an actual asset more akin to trading cards. The market just disappeared, unlike for trading cards. There were unique and rare ones, quality/condition mattered, etc. You could hold it in your hand and someone taking a screenshot of it doesn't have essentially the exact same fricking thing.

This post was edited on 3/2/26 at 3:05 pm
Posted by liquid rabbit
Boxtard BPB®© emeritus
Member since Mar 2006
64968 posts
Posted on 3/2/26 at 3:08 pm to
I would argue that beanie babies and even pet rocks are more valuable than NFTs. They are actual things you can hold in your hand, unlike a bundle of 1s and zeroes.
Posted by Dantheman504
N/A
Member since Jun 2013
6530 posts
Posted on 3/2/26 at 3:13 pm to
It was definitely an interesting learning experience on how to operate and make deals. A whole different world.
Posted by Kingpenm3
Xanadu
Member since Aug 2011
9924 posts
Posted on 3/2/26 at 3:16 pm to
Can you imagine how much better/crazier the auto created nft's could be today, just a few years later because of the AI image generation? Crazy.
Posted by bobaftt1212
Hills of TN
Member since Mar 2013
1395 posts
Posted on 3/2/26 at 3:25 pm to
I always thought NFT's were a way to launder money while in person art auctions weren't available because of Covid.
Posted by NorthTxLSU
Dallas to Austin to Houston
Member since Nov 2018
14791 posts
Posted on 3/2/26 at 4:33 pm to
I screenshot a bunch of cool NFT's for free
Posted by MSUDawg98
Bear the F Down
Member since Jan 2018
13901 posts
Posted on 3/2/26 at 6:11 pm to
Didn't they even sell the first YouTube video ("Charlie bit my finger") as a NFT?
Posted by ThatTahoeOverThere
Member since Nov 2021
4979 posts
Posted on 3/2/26 at 9:53 pm to
Wow thats shite
Posted by stelly1025
Lafayette
Member since May 2012
10221 posts
Posted on 3/3/26 at 4:53 am to
I honestly don't get it. What is the point of an NFT? I know it has something to do with the blockchain ,but other than that I still don't understand what the point is.
Posted by CocomoLSU
Inside your dome.
Member since Feb 2004
156626 posts
Posted on 3/3/26 at 7:48 am to
quote:

Didn't they even sell the first YouTube video ("Charlie bit my finger") as a NFT?

That wasn't anywhere near the first video on YouTube. YT had been around more than two years already.
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
150384 posts
Posted on 3/3/26 at 7:57 am to
quote:

I don’t know what a HDOL is
id suggest you go ask him, but first you’d need a shovel to dig him out the backyard
Posted by Boudreauboudreaugoly
Land of the Rice n Son
Member since Oct 2017
2974 posts
Posted on 3/3/26 at 11:32 pm to
quote:

NFT era?


Isn’t that National Fine Thread era. A time when nothing vibrated loose?
Posted by Drank
Member since Jun 1864
Member since Dec 2012
12344 posts
Posted on 3/4/26 at 7:35 am to
I sold an unopened NFT pack of Prizm basketball on the Panini platform in October for 10k.
Cashed out immediately and bought an all inclusive trip to the Riviera Maya we just returned from and had 5k left over.
Whether NFTs are money laundering or not I don’t care. 10k is 10k
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