Not even owning a single bitcoin, I do remember similar things being said when bitcoin had a big drop years ago. This whole NFT thing will go up and down for a while. I sincerely doubt this is the last we’ve heard of it, and I wouldbe really surprised if there wasn’t another big spike.

Ethereum’s been making noise about switching to proof of stake for years now and burning energy in the meantime. And even given greater efficiency, NFTs are fundamentally wasteful in current form. NFT markets collapse because they’re not a thing that has any value. We’ll see if somebody can use them in an interesting…

Let’s give a shout out to Disaster Girl who rode the wave and cashed out in time to take a sizeable chunk out of her college debt.

As a game developer for the last 30 years, I’ve been able to put off becoming “old”, at least culturally, as I tend to have my nose buried in all the latest digital trends as part of my job.

Seriously. I saw some bands jumping on board and making NFTs and I was just like, “Guys, I love you, but stooooooooop. Write more songs or make a new tshirt, you nimrods.”

I mean, maybe this is just me justifying having bought loot boxes and a few skins in other games, but at least with that sort of stuff, you get the in-game clout that comes with having neat stuff. No one gives a fuck about your NFTs.

A scam set by the rich has paid off huh? Whoever bought into NFT’s “premise” got conned - again. I do wonder how many forests have burned down.

“This is good for Bitcoin”

It’s because people bought what they wanted, and are keeping it, so they can sell it when they’re older, or give it to their kids when they’re older, whom will likely give it to their kids, and nobody will ever see Charlie get his finger bitten again.  

Hey, that’s disrespectful. The extras I buy in video games are cool things I can look at while playing a game even if they aren’t real, NFTs are just things that you probably can’t even look at when the server hosting the NFT you just bought goes down in a week. :p

This bubble has burst, but there will be another. There are always more suckers.

The entire crypto market is nothing but a scam and the only reason it got some traction is people see it as a get quick rich. The day any major government like USA decide to bring it under some kind of legislation or make it taxable a lot of these crypto/tech bros would be running away.

For sure, but that’s my point. A lot of the people telling me it was the “next big thing” really emphasized how this is going to give people a chance to get something truly unique and individual from sellers.

GASP!!! 

HA. Fuck you, NFT people. Eat shit.

The number of active NFT wallets—the accounts being used to purchase the tokens—has fallen from over 12,000 to 3,900.

It wasn’t even really commissioning art though that’s the absurd thing. It was typically idiots “buying” something that had already been on the internet for years and can be reproduced in moments indefinitely by anyone.

The fact that people were making this whole thing as some kind of “innovative” and “door opening” phenom, even though it was literally just buying art with extra steps, was all the red flag I needed to see.

Especially as freelance artist, it’s weird how many people were like “this is going to be a big win for the art…

Who fucking cares what Neil Gaiman thinks? We DEMAND Zach Snyder make a shot-for-panel adaptation with at least 37% slow motion set to Hallelujah.