Bitcoin



BRMC

Striker
They seem to have a good infastructure. Just exchanged some binance coin for it.

Any idea what's going on there?


Do you mean Coti? They have a few further big announcements + a huge one in connection with Cardano.

I'm hoping for between $3-5 a token in the next few months.
 

safcsafc

Midfield
mate bought 10 nfts last week. 50 ada each. They look utterly pointless, little clip art pixel things. Just sold one today for 700 ada (about £1200). Got another 9 to sell.
canny profit if you fancy the gamble!
 

BigPete

Striker
mate bought 10 nfts last week. 50 ada each. They look utterly pointless, little clip art pixel things. Just sold one today for 700 ada (about £1200). Got another 9 to sell.
canny profit if you fancy the gamble!

I don't get why ppl buy these though?

What's the point?

For PL Sticker books etc aye but for some shitty pixel shite?
 

safcsafc

Midfield
I don't get why ppl buy these though?

What's the point?

For PL Sticker books etc aye but for some shitty pixel shite?
No idea. That’s why I didn’t bother when they came out. Wish I had now.
the one he sold looks terrible. And someone just give him 1200 quid for it 😂
 

NYMackem

Winger
It's the beauty of scarcity.
How is a bunch of pixels, that anyone could copy or recreate, scarce?

If I have the Mona Lisa, no-one else can have it. An electronic file of an artwork is the opposite of scarce.

This misunderstanding of scarcity is going to leave a lot of people eating big losses. Its just a matter of when.
 

BRMC

Striker
How is a bunch of pixels, that anyone could copy or recreate, scarce?

If I have the Mona Lisa, no-one else can have it. An electronic file of an artwork is the opposite of scarce.

This misunderstanding of scarcity is going to leave a lot of people eating big losses. Its just a matter of when.

I agree with you on that.

Most of these NFT's are one of a kind, and then it's just a case of some richer fucker, or someone who go in Eth dead early to buy them.

There are people out there sitting on hundreds of thousands of Eth, Ada and Link etc... They need to use them up somehow.
 

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