/biz/ - Business & Finance

[Anonymous No.30094250]

NFT is just pure mental illness. There's no other way to put it, frens.

[Anonymous No.30094281]

just wait until NFT schizos come into existence.

[Anonymous No.30094561]

>>30094250

NFT's make sense for video games where an asset can be truly unique.

The retarded shit I've seen from professional sports leagues trying to make NFT's that are basically signifying milestone moments in sports are easily the most retarded thing I've ever seen in my life. I wouldn't associate with any human being who would spend money on those.

[Anonymous No.30094677]

>>30094250
ngl, i'd love to have a work of art made out of Ether. no homo.

[Anonymous No.30094850]

>>30094250
other than money laundering, the reason for an expensive painting is to hang it on your wall and impress your dumbass friends. Hard to brag about some NFT you have saved on your computer. And if you're going to display it on a monitor, there's no difference between it and a jpeg. muh "Ownership exclusivity" is worth fuck all for a digital painting, at least to me. Obviously worth something as an asset to a videogame. As long as the market is full of retards, the market price will be retarded however, so who knows.

[Anonymous No.30094959]

>>30094250
nfts have real world application such as event tickets, warranties, airline miles

[Anonymous No.30095037]

>>30094959
what can an NFT do that an event ticket can't?

[Anonymous No.30095116]

digital collectables
any enforced scarcity online

[Anonymous No.30095169]

>>30095037

It solves forgery
It allows for reselling tracking in case you don't want secondary markets

[Anonymous No.30095187]

Gold Secured Currency ecosystem is rising super fast
So there is no meed to wait
Invest in fucking greatest Swirge and profit with pleasure
>I bought GSX, token value became great liquidity this year

[Anonymous No.30095211]

>>30094250
Just buy OGN and cash out on the gains anon.

Buying OGN is a bet on people's stupidity and quite honestly, it's a good fucking bet.

There's a reason why Barrett Jackson makes more than the guys who own the cars he auctions.

[Anonymous No.30095276]

>>30094250
your house deed will be an nft

[Anonymous No.30095378]

Most people who don't get NFTs seem to have a "but I can just copy and save the image!" mindset, when that's not really what makes them valuable. Don't think of having the original of an asset, think of it like you have an autographed piece of art.

[Anonymous No.30095802]

>>30095169
>It solves forgery
so does a hash

>It allows for reselling tracking in case you don't want secondary markets
no

[Anonymous No.30095851]

>>30095378
>change your definition of value and they become valuable!

[Anonymous No.30096052]

>>30095276
No fucking way is the government going to allow that.

[Anonymous No.30096093]

>>30094250
>NFT is just pure mental illness
And this is the reason WHALE is blowing up ATM.

[Anonymous No.30096127]

>>30094250
It's interesting that some people who understand crypto don't understand nfts. Seems strange.

[Anonymous No.30096486]

>>30095378
inb4..
I mean,
induring the influx of 97,493,374,103,492,472 cool and unique "autographed artworks" by a bunch of literal who's FLOOD the market.

[Anonymous No.30096543]

NFTs are just a whale psyop at the moment. They're not actually getting popular, it's just whales pumping this shit to make headlines. I follow a few artists that sell NFTs and they re-invest their profits into other artist NFTs, like idiots. There's literally no external money coming into the NFT space, it's all the same ETH being washed around. Once the news cycle moves on to something else in a couple weeks you'll start to see the floor drop out on all these things. My advice is to resist the fomo and pay no attention to this shit. Focus on accumulating BTC and making smart DeFi bets.