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James

Ahn'Qiraj Raider
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Buy and sell some jpegs and stack some $TRU while the opportunity is ripe imo. I'm sure you can find a celebrity of some sort to buy a jpeg off of you, have you thought about Mario Lopez?
 

Il_Duce Lightning Lord Rule

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Hey James James check out FLOKI, is this what a rugpull looks like?

Floki rugpull.jpg
 
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James

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They're building $FLOKI into a meme NFT ecosystem of sorts, interoperable with various aspects of DeFi and partnering with payment systems e.g. CrypoCart. So the contract they used to fork from the original $FLOKI contract (which was an inflationary piece of shit) is just not up to the task, so they got a dev to write one that is. This is a hardfork just like the last one, so that means a new token and new liquidity pools. All of this is being created and airdropped right now, so sit tight for a few and it'll get back to normal. Hopefully this time they don't get rugged between forks lol.

EDIT: I really do think this will be a $1 billion+ market cap project quicker than people expect, btw. DYOR, though.
 
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Il_Duce Lightning Lord Rule

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Another James James question: have you looked at UNQT before? It's on the v3 pool, and to my untrained eye it looks like a damned good place for liquidity pooling. It's a 1% pool, huge volume with regular up and down motion, and though it's been trending up in value the last couple of days it looks like it's relatively stable price wise despite only being in the pool for a few days.

Have you heard anything about it in your travels?
 

James

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I have not! Just did a quick glance for info on it, can't find much though. Chart looks solid enough.
 
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James

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I gotta say tho, I think I'm done looking at new ERC-20s for the most part. The more I look into selling jpegs, the more it feels like I'm playing the auction house in a video game. I've trained my whole fuckin life for this shit, it feels so good.

EDIT:

Bought one of these fools on a whim for .48 ETH thinking if Floyd Mayweather Jr himself thinks jpegs are worth that much and he's illiterate, then why not try it out like the true degenerate I am. I've got an offer on it right now for .50 ETH and the floor on this motherfucker went up like .25ish ETH in less than 24 hours. There are literally tons of famous illiterate people who fucking love jpegs way more than some bullshit ERC-20 abstract concept (except for the doggies, of course).
 
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James

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Well case in fucking point check out this famous retard:

This is where the fuckin money is for sure. All these dudes are going heavy into NFTs and giving huge discounts/benefits to NFT owners. It's amazing how fucking massive it is and I had no idea despite SNL running a fucking skit on it.
 

Il_Duce Lightning Lord Rule

Lightning Fast
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Bruh, I can't wrap my head around all of that. Are you seriously buying jpegs/images/whatever the fuck those things are for real cash in the hopes that someone else will pay more for them later? It's not even like TCG games where you buy packs and hope for a rarer one to sell? How could anyone look at all of that mess and determine a value for one over the other? Isn't it just pure luck? They can't all be going up, can they?

It looks to me like you would want in on the minting process, but all the ones I see being linked the minting process is over and it's just buying and selling existing images, which leads me back to my first questions. Maybe this is triggering my disgust reaction because I always hated playing the AH in games, but this looks like massive risk to lose all of your cash and get stuck with a bunch of valueless crap in the hopes that you get triple 7's at the NFT casino. Am I missing something here?
 
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James

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Am I missing something here?

Haha nope! Welcome to crypto! It's pretty much the same exact argument applied to crypto as a whole, and tbh it's hard to argue against on some level outside of "I believe in the tech." Each of these NFT collections are scarce, that the minting process is over implies there is demand for the supply. There are a lot of projects still minting that may never finish, including Canine Country Club and Numi which I linked earlier. Gas prices are so high on the network right now because there are a lot of NFT projects being minted right now, and some of the bigger projects are selling out in literal minutes so the unholiest of the degenerates among us are paying thousands of dollars in gas to push their minting transactions to the network. Getting in on the minting doesn't necessarily guarantee anything, but I believe it is the most lucrative as a floor price is well established and the chance at more scarce property combinations that sell for thousands of multiples of the floor price is very real.

It's a lot of fun.
 
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Tmac

Adventurer
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It’s interesting that gas prices are so high and I’m making less than I ever have mining ETH. Like 1/3 of what I used to make in the last few weeks.
 

James

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So what you're saying is that ETH is going to x3 at least pretty shortly so the miners don't lose any profits.
 

Haus

<Silver Donator>
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It’s interesting that gas prices are so high and I’m making less than I ever have mining ETH. Like 1/3 of what I used to make in the last few weeks.

Odd... I'm making almost exactly what I was before. So either I'm lucky, or prior to the London hard fork my pool was screwing me.... Admittedly I'm on the miniscule level of mining, a single 3070 running in my system when I'm not gaming.
 
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Kais

<Gold Donor>
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Why is Eth tracking with BTC price still? I thought that London would bring Eth more into it's own and bring it's prices up, but it seems more like it brought BTC price up and Eth tracked with it. And now BTC is bouncing off it's resistance which is bringing Eth back down. What am i missing here.