Originally Posted by TambaBerry:
On the fence, losing my hype with it.
Safemoon V2 has launched. Just finished listening to the AMA on discord. Big, game-changing innovations planned for the Safemoon blockchain next year.
If you need help migrating from V1 to V2, inbox me. Otherwise, the Safemoon website and Twitter are good resources. I recommend using the Safemoon wallet app to migrate. It has proven to be the smoothest means so far. [Reply]
Just invested in my first crypto...bought some Algo, Matic and BTC. I'm mostly invested in stock but have some risk capital I'ld like to throw at some crypto that could go crazy. I'm not going to throw a lot at it, so I'm okay if it goes bust, so long as there is a high reward opportunity. so, what have you got? Why? [Reply]
Originally Posted by A8bil:
Just invested in my first crypto...bought some Algo, Matic and BTC. I'm mostly invested in stock but have some risk capital I'ld like to throw at some crypto that could go crazy. I'm not going to throw a lot at it, so I'm okay if it goes bust, so long as there is a high reward opportunity. so, what have you got? Why?
You picked three good ones for a beginner.
You may wish to consider adding SOL and ETH. [Reply]
Originally Posted by Hog's Gone Fishin:
This NFT thingy is just disturbing
I know a guy - a real, legitimate guy that I've had dinner with - who bought an NFT from some famous artist that I've never heard of. He won a lottery to have the right to buy it and paid some ungodly amount of money for it. I don't remember the amount, but I think it was in the $8,000 to $10,000 range. I was aghast. And then a couple of months later he got an offer in the $100,000 range to buy it.
I'm completely out of touch with how the world works today. [Reply]
I'm sure some of those crazy sales are real. But I think a lot are the artists selling it to themselves or a friend to pump up the price.
The NFT bubble will almost certainly pop someday, and it won't be pretty. You basically own nothing other than bragging rights. There's no value there to prop up the price when it goes into freefall. [Reply]
Originally Posted by Rain Man:
I know a guy - a real, legitimate guy that I've had dinner with - who bought an NFT from some famous artist that I've never heard of. He won a lottery to have the right to buy it and paid some ungodly amount of money for it. I don't remember the amount, but I think it was in the $8,000 to $10,000 range. I was aghast. And then a couple of months later he got an offer in the $100,000 range to buy it.
I'm completely out of touch with how the world works today.
You're not alone. My sense is the NFT is a money-laundering dream opportunity, or a great way for those buying political influence to buy junk art for exorbitant amounts and claim it's legit. [Reply]
Some NFTs are certainly overpriced from all the hype, but they're here to stay. They will revolutionize the concept of ownership. Eventually everybody will even tokenize themselves for digital identity. I'm seeing the same skepticism I saw towards the internet in the early 90's or bitcoin in 2013. Just natural human reactions to new mind-blowing concepts. [Reply]
