A Cryptopunk sold for 6 figures 10 minutes ago.
Is there a price chart for apes?
No. Like not at all.
Outperforming stonks by a lot over their lifetimes so far. Cartoon Apes have retraced all the way to March levels! Gasp!
S&P 500 over the same period:
And holders were airdropped 6 figures for each ape they held in the past month
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I have a mix of ETFs with a fair bit of Australia. Which is okay.
Okay Bears is a 10,000 piece Solana NFT that went from 1.5sol mint price ----> 128sol (175 at peak) floor within the last couple weeks. There’s at least one of these every month or so even in this Bear (no pun intended) market.
- How much is that total (ballpark)?
- Who is shipping this?
- Why are they giving away money?
You posted something that shot up from basically zero in september and then lost half its value and then mentioned that it’s outperforming the market.
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You are almost there! Keep at it!
every BAYC token was airdropped 10k APE coin from Yuga who created BAYC and was given a free land deed. If you owned 5 apes you were given 50k coin and 5 land deeds. APE coin traded in the $13-$22ish range for a couple weeks before the land deed mint. The BAYC land deeds were selling in the 10-30 eth range unless you had a lower token number and those were worth a ton more.
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Because this is America and wealth inequality is our religion.
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Do you have a link to where you got these charts so I can see the non-cherrypicked versions?
Bitcoin / NFT / whatever is just the humanity-long story of get rich quick bullshit in action. It’s really not very complicated or interesting. The morality of index investing is a completely separate topic.
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Amoral passive investment is just the humanity-long get rich slow story. Not really complicated or interesting either.
My suspicion is that all saving is likely immoral. And certainly a system where people are expected to accumulate literally millions in equities to live in old age is at the very least unenlightened. Seems like a pretty good topic for a supposidly lefty politics forum, but maybe I’m wrong.
There is a sizable group on this board that has somehow gotten so high on their own supply they’ve convinced themselves an energy-inhaling fake money scheme is a good and wonderful thing to invest in, even as it is obviously a pump and dump with rampant fraud promoted by the absolute biggest scumbags imaginable, who then turn around and rip on index fund investors for being evil for having money, or something. Just completely deranged self serving nonsense.
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Your paragraph is an excellent description of the US stock market.
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Socialists for bitcoin! Stick it to the capitalists by doing the pump and dump! GTFO
Having a job and investing: bad because if you have money you’re evil
Scamming morons: good because having money is awesome
Got it
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If Tesla doesn’t grow at all from their first quarter results (despite the fact that they are selling every car they can make and are in the process of bringing 2 additional factories online), and they revert to an SP500 average P/E of 20, it’s a $275 billion company. That’s a 70% decline from the current price, so a long way to be sure, but the fundamentals are catching up to the supposedly insane valuation at a surprising rate.