#127

Trying to get my head around this stuff of late, particularly this morning after a record label I really like has pivoted to NFTs (uh, that just sounds like a horrible phrase regardless of context)

1 Like
#128

It’s all very depressing. After being screwed by tech companies for a decade, musicians see light at the end of the tunnel. But face a horrible dilemma, because of tech companies.

2 Likes
#129

How about you mine my ass for Bitcoin

1 Like
#130

Heard it takes the same energy as a small town’s electricity supply for a week to mine your ass

#131

Your ass is mine

#132

Hi @wewerewerewolvesonce

Would you be adverse to this thread title being changed to Bitcoin, Blockchain, and Cryptocurrency, with it being the home of future chat on all that, allowing the below thread to revert to being a more general stock markets -centric thread?

#133

Doge has shat it. I suppose it’s only to be expected that people lumping on as the hype was building are now selling up as the price slides, making it slide further. Might cash out half of mine tomorrow… or what is it they always say on game shows? I came with nothing and I’ll go away with nothing. Maybe I’ll do that

#134

But did ya have fun playing? :slot_machine:

1 Like
#135

I’m quietly confident it’ll settle down and start creeping back up. But I am, as ever, basing that on almost nothing.

HODL, diamond hands etc.

#136

I don’t understand NFT at all.

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1 Like
#137

Not got any input of value, but the other day I randomly remembered this ad that was on during the last World Cup.

Still don’t understand it

#138

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:laughing:

6 Likes
#139

Was just about to share this. Gonna be a bloodbath tonight!

1 Like
#140

His net worth passed $1billion only a week ago, so it’s kinda cool he’s giving so much away

4 Likes
#141

FWIW I think he’s right here when he talks about Bitcoin and Cryptocurrency. Bitcoin (and Ethereum currently) are two of the worst examples of a brilliant idea.

I’m a big fan of Nano/WeNano due to its ease of use and low fees and energy usage, and have made a few charitable donations using it as well as holding some.

But it’d be stupid to suggest that any more than 5% of people (if that) who have crypto really care about that those qualities.

#142

Is he not just offloading what are essentially off-balance-sheet assets here though? I agree it’s a great thing to do but in not sure if his net worth calc includes a truckload of free meme coin! I guess he’s still cutting his nw in half if that’s true though, so kudos to him in any case

1 Like
#143

Oh yeah I don’t disagree with the arguments for eco friendly sustainability. Bitcoin is a grotesque dinosaur. He’s just strikes me as very disingenuous. Is he claiming he invested billions without any due diligence on what he was investing in? He probably shorted bitcoin before announcing and made another killing. I’m sure the 4 people that bought Tesla’s with bitcoin are glad they got in early.
Was funny how Nano massively pumped last night just off the back of that tweet suggesting unnamed energy efficient crypto alternatives.
Currently have nothing in crypto since a couple of days ago so missed the fun. All sat in USD as the markets (non crypto) look very sketchy…

#144

He basically rug pulled a load of liquidity on investors/people with tiktok accounts.
I mean, it hasgone to a good cause (albeit the amount will be worth significantly less due to SHIB etc tanking) but it’s walking a good/bad/funny moral tightrope

1 Like
#145

Oh nano has pumped hasnt it. Lovely

#146

Ah fuck yeah, good point, especially given most SHIB investors are probably not sitting on tonnes ofcapital