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re: Just bought this NFT
Posted on 2/1/22 at 7:40 pm to TDsngumbo
Posted on 2/1/22 at 7:40 pm to TDsngumbo
quote:An ownership interest of an individual digital item that can be verified as uniquely yours and not a copy.
I still don’t know what the frick an NFT is.
If I borrowed $20 bucks from you, you would not care if I paid you back with a $10 and two $5’s. That’s a fungible transaction.
If I borrowed your car, I can’t you bring you back a similar car. That’s a non-fungible transaction. It’s unique.
NFT’s are unique and allow you unique ownership of the use of it.
See?
This post was edited on 2/1/22 at 7:45 pm
5
Posted on 2/1/22 at 7:40 pm to iAmBatman
quote:
I just right-clicked and saved it to my desktop. It's also now my phone background.
Hopefully you get some additional utility from actually buying this
I think NFT's are kinda dumb too but the ownership of the original is easy to prove/disprove.
So That said if you have a Mona Lisa Print at home, does that make it valuable? Does the print not look as 'good' as the original? It probably looks better than the original. But it's worthless.
Owners of NFTs are investing in the ownership of the original artwork(1st edition if you will) and don't seem to care about millions of copies floating around.
FYI I will never buy art, real or nft. But I do understand the investment aspect of original art.
This post was edited on 2/1/22 at 7:42 pm
Posted on 2/1/22 at 7:42 pm to mikelbr
quote:
Owners of NFTs are investing in the ownership of the original artwork(1st edition if you will) and don't seem to care about millions of copies floating around.
As I understand it, and maybe I’m wrong, they don’t even own the artwork. They just own a url or link to the url, or something like that.
This post was edited on 2/1/22 at 7:43 pm
Posted on 2/1/22 at 7:43 pm to Fusaichi Pegasus
Hopefully you got a free bowl of soup with the purchase
Posted on 2/1/22 at 7:43 pm to mikelbr
This one reminds me of you. I got this one last week 
Posted on 2/1/22 at 7:43 pm to Fusaichi Pegasus
From twitter
quote:
JERY: whats so great about those tokens anyway
GERGE: theyre non-fungible jery
JERY: non fungible?
GERG: they cant be funged!
KRAM: you know my friend bob sacamano, he funged a token once
JERY: what happened
KRAM: lets just say he wont be funging again
Posted on 2/1/22 at 7:45 pm to Fusaichi Pegasus
Posted on 2/1/22 at 7:46 pm to Bullfrog
quote:
An ownership interest of an individual digital item that can be verified as uniquely yours and not a copy.
If I borrowed $20 bucks from you, you would not care if I paid you back with a $10 and two $5’s. That’s a fungible transaction.
If I borrowed your car, I can’t you bring you back a similar car. That’s a non-fungible transaction. It’s unique.
NFT’s are unique and allow you unique ownership of the use of it.
See?
I can't right click a car and copy it into my driveway though.
Posted on 2/1/22 at 7:47 pm to Fusaichi Pegasus
Hey, look what I just got for free
Posted on 2/1/22 at 7:50 pm to Fusaichi Pegasus
If they were doing a 2022 animated remake of Sanford and Son, this would be Grady.
Posted on 2/1/22 at 7:51 pm to Fusaichi Pegasus
A fool and his money are soon parted?
Posted on 2/1/22 at 7:52 pm to Fusaichi Pegasus
quote:
THoughts?
Why?
Posted on 2/1/22 at 7:54 pm to Fusaichi Pegasus
quote:
THoughts?
Might I interest you in a bridge I just recently put on the market?
Posted on 2/1/22 at 7:57 pm to Deactived
quote:
This one reminds me of you. I got this one last week
That's legit.
My kids still call me Moto Moto.
When you big and ugly you gotta own that shite!!
This post was edited on 2/1/22 at 7:58 pm
Posted on 2/1/22 at 7:57 pm to Fusaichi Pegasus
Now we all have access to it for free! Thanks!
Posted on 2/1/22 at 7:57 pm to Fusaichi Pegasus
How would a casual token admirer know if what he was looking at was valuable?
Posted on 2/1/22 at 8:03 pm to GRTiger
You have to basically jump into the space and learn what is what.
For instance, this is a degenerate ape academy nft. The 'floor price' of these, meaning the cheapest you can buy one right now, is 65 Solana. Solana is over $100 so this ape costs around 7k USD. This is the cheapest and shittiest you can get right now
Solana monkey business floor is 190-200 Solana. So about 20k for these
For instance, this is a degenerate ape academy nft. The 'floor price' of these, meaning the cheapest you can buy one right now, is 65 Solana. Solana is over $100 so this ape costs around 7k USD. This is the cheapest and shittiest you can get right now
Solana monkey business floor is 190-200 Solana. So about 20k for these
Posted on 2/1/22 at 8:20 pm to mikelbr
lol i was just messing with you. the nft space is goofy and out of control right now. its fun getting involved with all of the nonsense.
people are seriously overextending though in it
people are seriously overextending though in it
Posted on 2/1/22 at 8:23 pm to Pintail
quote:
I can't right click a car and copy it into my driveway though.
Not to mention the car provides some real life utility. These NFTs are easy to create so there is an infinite supply. Hard to justify value without some level of scarcity.
Posted on 2/1/22 at 8:25 pm to Deactived
quote:
This one reminds me of you. I got this one last week
That’s awesome, I just got it today.
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