Bitcoins/Litecoins/Virtual Currencies

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James

James

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You are copying a jpeg and creating an entirely new NFT around it. You are not copying an NFT.
 
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Zzen

Zzen

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James said:
NFTs are a cryptocurrency and a non-fungible store of value like land.
Click to expand...

1630527490479.gif
 
LachiusTZ

LachiusTZ

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Jfc you dense dumb mother fucker

We all know good and goddamned well, you can copy the image, create a new NFT, and bam.

You have an approximation of the original, with almost all of the qualities, and thus value.

Images, VR avatars, etc, are shit use cases (save for actual collectibles, which nobody knows what those are until they ARE COLLECTIBLES) because unless the utilization of the image, avatar, what the fuck ever, is regulated by the platform, it has almost zero real value

You stupid dense dumb fucking piece of shit
 
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LachiusTZ

LachiusTZ

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James said:
You are copying a jpeg and creating an entirely new NFT around it. You are not copying an NFT.
Click to expand...

It's almost like your brain is broken, and your weren't able to understand THE WHOLE FUCKING CONVERSATION
 
James

James

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LachiusTZ said:
is regulated by the platform
Click to expand...

Yes, it is regulated by the platform as each NFT is minted by an address on the blockchain. You cannot trick the blockchain into thinking you copied an NFT, it's impossible. You can attempt to forge one and pass it off as authentic to unsuspecting individuals, but that is not a copy.
 
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LachiusTZ

LachiusTZ

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Lolol, you literally can't comprehend what everyone is saying.
 
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James

James

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No, you three or four retards can't comprehend that you cannot copy an NFT, but still think you're smart anyway. Even fucking Flobee gets it, you idiots are unbelievable.
 
Lanx

Lanx

<Prior Amod>
65,336
147,358
so... all this nft bullshit?

James James is saying the nft is an artificial "collectors" item first edition print

while everyone is saying, lulz who cares you can just ctrl-c, ctrl-v and same nft, second edition

what happened to creating a nft thread? do i have to do this? but no one will move all the nft posts in there
 
T

Torrid

Molten Core Raider
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I can generate a random number of 80 digits and you cannot copy that either. Therefore it has innate value
 
ToeMissile

ToeMissile

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James said:
I actually have no idea how they would do voting with the blockchain. NFTs may or may not be involved, it's a ways off still if it's even possible I think. There's lots of privacy concerns in this area
Click to expand...
Hoskins talks a little about voting/blockchain in this Lex Fridman episode, not sure the exact spot but near here:
 
James

James

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Torrid said:
I can generate a random number of 80 digits and you cannot copy that either. Therefore it has innate value
Click to expand...

Yep, amazing how many people here aren't getting that NFTs are cryptocurrencies.

Lanx said:
what happened to creating a nft thread? do i have to do this? but no one will move all the nft posts in there
Click to expand...

I'm still putting things together, but I'm also not sure how much interest there would be in it. The only people really speaking up about them are mostly idiots dismissing them.
 
Flobee

Flobee

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LachiusTZ said:
Flobee Flobee

What is there to prevent a person from creating an NFT with already used properties? Say, for example, a pixel rock or smoking bunny image?... Lol
Click to expand...
Well, creating an NFT that points to the same JPEG of a rock? Effortless. Creating an NFT that is an identical duplicate of the on-chain NFT itself? Impossible.

I think what is tricky for people that haven't put much time into this is understanding the underlying structure of these things. If you've not moved assets on-chain and/or looked into the blockchain itself, you're going to have a hard time understanding it.
 
LachiusTZ

LachiusTZ

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Flobee said:
Well, creating an NFT that points to the same JPEG of a rock? Effortless. Creating an NFT that is an identical duplicate of the on-chain NFT itself? Impossible.

I think what is tricky for people that haven't put much time into this is understanding the underlying structure of these things. If you've not moved assets on-chain and/or looked into the blockchain itself, you're going to have a hard time understanding it.
Click to expand...

I didn't say identical...

I said "already used properties"... To mimic the utility of a previously created NFT

I think I understand it fine.

Little man there is just having an emotional response like a woman
 
LachiusTZ

LachiusTZ

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James I'm not watching that...

But are you all in on BTC now!?!?

Also, it looks like you are completely alone in your position. Everyone is dumb. Except you.

You are the only intelligent person in this thread.

You couldn't be wrong, or reacting like a woman... It's not that at all. Lolol
 
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