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Posted (edited)

Diggs is mentioned as an investor in it towards the bottom of the article.  NFT's are taking off like wildfire and I don't really get it...Gronk just sold his own created NFT's for $1.2 million...this is craziness considering it only exists digitally.

 

https://www.yahoo.com/finance/news/michael-jordan-joins-305m-investment-134755528.html

Edited by Big Turk
  • Big Turk changed the title to Diggs an investor in NBA Top Shot NFT
Posted

No different than Bitcoin I suppose, I've made some money on Bitcoin but I don't claim to understand it 100%. Wish I would have held onto some bitcoin considering I used to by it for 5k and now it sells for what 55k? Something like that, haven't kept up with the market too closely. 

Posted (edited)
3 hours ago, Big Turk said:

Diggs is mentioned as an investor in it towards the bottom of the article.  NFT's are taking off like wildfire and I don't really get it...Gronk just sold his own created NFT's for $1.2 million...this is craziness considering it only exists digitally.

 

https://www.yahoo.com/finance/news/michael-jordan-joins-305m-investment-134755528.html

https://www.theonion.com/recession-plagued-nation-demands-new-bubble-to-invest-i-1819569940

 

Change the headline to "COVID shutdown-plagued nation" and this says it all.

 

The Financial Times (London) used to do a series called "This is nuts; when's the crash?" I think they stopped it because the crash still hasn't come. I say it's time to bring it back.

 

EDIT: it never went away. Just scroll the headlines. You don't even need to read the articles to see how nuts these investment bubbles have become.

https://www.ft.com/stream/090289f0-a94f-3225-b2a4-69558bbbfa39

Edited by The Frankish Reich
Posted
2 hours ago, thenorthremembers said:

So you own their moments?  A.) People have way too much money B.) At 38 I am officially a dinosaur

It’s Beanie babies all over again...

  • Haha (+1) 2
Posted
5 hours ago, thenorthremembers said:

So you own their moments?  A.) People have way too much money B.) At 38 I am officially a dinosaur

I have never heard of this. I turned to my 14 yr old and he knew exactly what it was. Pass the prune juice. 

  • Agree 4
  • Haha (+1) 2
Posted
6 hours ago, Southern_Bills said:

No different than Bitcoin I suppose, I've made some money on Bitcoin but I don't claim to understand it 100%. Wish I would have held onto some bitcoin considering I used to by it for 5k and now it sells for what 55k? Something like that, haven't kept up with the market too closely. 

 

Same technology as bitcoin...its blockchain. I understand it to a degree as a software engineer but I have never really looked at the code for it so I don't have an in depth technical understanding.

 

Posted (edited)

Took some of my gambling money and invested approx. 15k in NBA Top Shot joining back in Feb. Market is doing huge correction right now and is down overall but bullish long term so will see if gamble pays off. Prices were at ridiculous highs back in Feb and have come back down to earth. 
 

Will see if there is another bull run when they get out of Beta and mass sign ups is allowed including expanding to other countries like China.

 

Read up on crypto punks, crypto kitties etc.. to see what it could look like in the future.

Edited by billieve420
Posted
7 hours ago, Big Turk said:

Diggs is mentioned as an investor in it towards the bottom of the article.  NFT's are taking off like wildfire and I don't really get it...Gronk just sold his own created NFT's for $1.2 million...this is craziness considering it only exists digitally.

 

https://www.yahoo.com/finance/news/michael-jordan-joins-305m-investment-134755528.html

if you are looking for an ALTcoin investment Storj is taking off and trading at a little under 3$/token.

  • Awesome! (+1) 1
Posted
12 hours ago, YoloinOhio said:

I have never heard of this. I turned to my 14 yr old and he knew exactly what it was. Pass the prune juice. 

 

 

As my wife and I have no kids I may need to communicate with your teen about many things that I have no clue about..... I will now return to my prune juice.....

Posted
On 3/30/2021 at 5:51 PM, Don Otreply said:

It’s Beanie babies all over again...

I remember my grandmother racing from one McDonald's to the next trying to get as many of those as possible. 

  • Like (+1) 2
Posted
14 minutes ago, TBBills said:

I remember my grandmother racing from one McDonald's to the next trying to get as many of those as possible. 

At least the beanie babies were a physical item. I don’t get the NFT craze at all. Maybe I’m too old. 

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