This is what happens when the federal reserve prints trillions and trillions of dollar$$$$$$$

S2007S said:
NFTs are Nothing but a fad. People are trying to push the reality of what they believe is the future but all it really is, is the greater fools theory........
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Cryptocurrency, same crap in terms of intrinsic value.
 
S2007S said:
NFTs are Nothing but a fad. People are trying to push the reality of what they believe is the future but all it really is, is the greater fools theory........
More...

That's ridiculous. Who wouldn't want this at the current low price?:D
https://opensea.io/assets/0x495f947...169387874742045520495136140238626078200954881
nft_fart.gif

https://flatulence.space/1776.mp3
 
2rosy said:
has profit/trade kept up with inflation? or has it been stagnant.
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I heard the other day that over the last two years that US earnings went up 22% during a period when stocks went up 30%. So on an earnings point of view quite reasonable especially if the economy is going up 6.4%. A lot of traders get fooled putting far too much thought into how far stocks came off the tremendously oversold Covid bottom. They also get fooled by focusing on the hottest stocks or sectors and there are other sectors that are still moderately cheap.
 
sebking1986 said:
What the actual? Maybe I should spend more time trying to understand NFTs but this just seems mental.
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When you buy an NFT, you are buying a record of ownership stored on a blockchain.
https://www.makeuseof.com/what-do-you-actually-own-if-you-buy-an-nft/
When you buy an NFT from one of the many NFT marketplaces out there, you’re paying for a token that represents a unique item. In other words, you’re paying for an extremely small digital record (likely only a few bytes in size, which often contains a URL or a serial number) that’s sent to your address on the blockchain. That’s it.
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So you own the record but not the actual item it refers to.

See also
https://www.nftlicense.org/
 
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