Bitcoin and Crypto Talk (Merged)(includes NFT) (2 Viewers)

[UptownSaintsFan]

Check out my guy Breesus Shroot:

 

[superchuck500]

This whole thing is hilarious.




These guys (led by an American) paid 2.66M Euros for a book of Dune drawings - when Christie's had estimated the value at about 35,000. There are at least three known copies of the book, possibly more. Apparently they are under the impression that buying the book means they own the copyright.

Doomed 'Dune' storyboards sell for 2.7mn euros

The storyboards for the doomed 1970s film version of sci-fi classic "Dune" sold for 2.66 million euros ($3 million) at auction on Monday, around 100 times the expected price.

www.france24.com

 

[superchuck500]

Okay, so this is a better take: this bros are selling interest into these derivative works projects (which of course aren't viable because they don't own any IP) . . . so it's a grift.

Crypto Losers Buy Copy Of Jodorowsky's Dune, Have Played Themselves

Buying the book does not give you the rights to what's in the book

kotaku.com

 

[superchuck500]

This whole story is hilarious. So yeah, they really did pay $3M for a copy of a book estimated to be worth about $35,000 on the mistaken belief that buying it would give them intellectual property rights.

 

[Tapxe]

Interesting take not sure how it fits tho. Is he saying that people will just play games for a living now? I mean, ok, I'm in, but seems like a fantasy.

Reddit Co-Founder Says Play-To-Earn Crypto Games Will Be 90% Of Gaming Market In 5 Years

Alexis Ohanian predicts the shift will come from gamers wanting to be "properly valued for [their] time."

www.gamespot.com

 

[superchuck500]

 

[DaveXA]

That is an odd one for sure. It sounds like someone creating something, putting it up for auction and the seller buying it back through the auction.

 

[livefromDC]

That is an odd one for sure. It sounds like someone creating something, putting it up for auction and the seller buying it back through the auction.

You get to say, "this sold for $170,000", arbitrarily setting a market value for future potential buyers of their NFTs. Unfortunately for them, I think someone noticed that this is what was occurring.

 

[superchuck500]

Shocked. Shocked I tell you.

‘Let’s Go Brandon’ Crypto Coin Turns Into a Dumpster Fire

The MAGA-themed coin with dreams of sponsoring a NASCAR team is now circling the drain.

www.thedailybeast.com

 

[RKNSaint]

I have stayed away from the NFT space. Website I follow has a small position in the crazy ape thing but I found the entire space confusing and just stopped my attempts to understand it.

 

[superchuck500]

I have stayed away from the NFT space. Website I follow has a small position in the crazy ape thing but I found the entire space confusing and just stopped my attempts to understand it.

The NFT space seems to be largely occupied by bros and cons who have substantial gaps in their understanding of assets and intellectual property. It doesn't mean that the NFT concept is bad, but it makes it easy for investors and prudent general public to largely ignore or even dismiss.

 

[RKNSaint]

The NFT space seems to be largely occupied by bros and cons who have substantial gaps in their understanding of assets and intellectual property. It doesn't mean that the NFT concept is bad, but it makes it easy for investors and prudent general public to largely ignore or even dismiss.

Agree. Not for me.

Back to the crypto space. I had enjoyed the hodl approach with occasional profits. This is my second bear market but I think the entire space has evolved to the point I don’t know if hodl and occasional profit is a good strategy. I have no desire to day trade. yuck.

 

[Beast]

Anyone looking at any of the Ethereum alternatives like Solana, NEAR, etc?

Some of them have developed their own blockchains with scalability approaches that speed transactions and keep transaction fees low compared with Ethereum, which hasn’t gotten its v2.0 out.

I’ve specifically been looking at NEAR bc it seems like they have a solid development base and is priced lower than Solana.

Any thoughts?

 

[bclemms]

Anyone looking at any of the Ethereum alternatives like Solana, NEAR, etc?

Some of them have developed their own blockchains with scalability approaches that speed transactions and keep transaction fees low compared with Ethereum, which hasn’t gotten its v2.0 out.

I’ve specifically been looking at NEAR bc it seems like they have a solid development base and is priced lower than Solana.

Any thoughts?

I’ve got a little ethereum and Sol. Don’t have any near. I basically just picked a dozen, dropped $500 in each with the complete expectation of losing it all.

 

[Beast]

I’ve got a little ethereum and Sol. Don’t have any near. I basically just picked a dozen, dropped $500 in each with the complete expectation of losing it all.

I was probably going to reinvest some of the SHIB profits I’d made (much less than I could have but still more than I had to start with).