No, I’m not arguing you’ll be fucked at all. If you’ve already made money and have a stop-loss you’ll obviously make out fine.
I’m saying that’s the dynamic that is going to send an asset into free-fall with nothing to lure value buyers back in to prop it up. If that happens, clearly someone will be left holding the bag.
No idea. Literally everyone here agrees that bored nazi apes can go to zero.
I know what is stopping me from being not poor. It’s not “bubble tulips dotcom”. That would be idiotic because as we just agreed on, it has nothing to do with this. For some reason you come back to it, even though you agreed
They put the whole image into a code that is part of the token. Almost no projects do this because it’s unnecessary and takes a lot of work and it doesn’t look great at the end. So it’s like an artisinal NFT.
yeah but who cares? this feel precisely the shit that will crash the fastest once the novelty wears off. it’s still a pfp of a badly drawn somewhat racist looking monkey.
(obv that means nothing about its value in the short term and i’m sure everyone who held it have done great for themselves and their lives are far better than mine. just like saying shit like ‘the code is part of the token’ as to why that monkey jpeg has long term value is precisely getting high on your own supply)