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/jp/ - Otaku Culture

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>> No.38713132 [View]
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38713132

The people who manage to genuinely flip NFTs for big profit already have a lot of cash, they firstly create the NFT, then anonymously buy it off of themselves, then list it at a higher price, then repeat by purchasing it anonymously again, and eventually a fool who perceives it as an NFT mooning in value offers to buy it, and the fool will never see their money back
There is a small chance that an ultimate final fool will come along and offer the former fool a higher price for that NFT but it's just smoke and mirrors
>>38713113
wtf

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