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Everything posted by gyroprotagonist
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just giving my opinion based my limited exposure to this stuff and i did not even stay at a digital holiday inn express last night. There are no rules; only what catches a buyer's eye. I have seen one artist that was a sculptor and sold nfts based on his pieces (the nfts were generative) and also included physical pieces for a very limited number of nft holders.
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same treatment, same cost with 1 exception. their saline solution has the 5G chip in there. the bag has "5G version, made by Microsoft" in big bold letters. might be down with a Uber-like surge pricing for intake for unvaxxed coming into the ER with issues from Covid and the place is already packed.
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i don't think land is a requirement. this seems specific to decentral games https://decentral.games/ https://opensea.io/collection/decentral-games-ice?search[sortAscending]=true&search[sortBy]=PRICE&search[toggles][0]=BUY_NOW - $6K for a pair of digital sunglasses
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Fyre Fest, brah
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Tell me about slab foundations
gyroprotagonist replied to TwiceHorn's topic in Can You Help Me With This?
i am sad there are no Fat Tony/Drank Blvd. posts on this thread. But i got nothing to add. In Dallas but on pier and beam. the bedrock is fairly shallow in my 'hood. -
Do you FIRE? Financial Independence, Retire Early
gyroprotagonist replied to UTGrad98's topic in Business and Markets
surly in a nutshell personally not a FIRE'er but seems this thread could do without the drivebys and let the people who want do it and talk about it continue to do so...but who am i kidding? -
some of these schools in 6A now... way back in the day remember being in 4A and playing SA Central, Crowley and Weatherford. hated those trips on the yelladog express bus. now Brownwood has to travel to the hub city and Andrews for district games. yuk District 2 -4A D1 Andrews (237 mi), Big Spring (174 mi), Brownwood, Lubbock Estacado (235 mi), San Angelo Lake View (105)
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yep, huge chocolate chip cookies after a good report each day help. ours took to it starting them at 3-4 years old. i can't keep up with them now at 11 and 13 yo. we are headed to Angel Fire next week. first time skiing in NM in a long time and never been to AF.
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so you think decentralized digital currency is going to end? Like the world will just shrug and collectively say "man, what a bad idea. almost as bad as laser discs". or just that returns above stock market % will disappear? any time frame for the music stopping? are we talking by Christmas or decade or so like the next time the Dallas Cowboys win a playoff game? No issues with line of thought. I am not an evangelist for crypto, but do think it will continue be a financial factor going forward. i get the whole what goes up must come down and crazy gains are unsustainable, but there is difference in crypto stabilizing vs disappearing. probably most will fail or fail to evolve. don't have to be Nostradamus to see that, but man, some on this thread literally can't wait for it to happen so they can dunk on everyone who leaned pro crypto. i see BTC and others like ETH hanging around. The 1000s of shitcoins banging around out there, probably not; but that's already been happening for quite some time as dozens fail every day. But can I interest you in digital emus, sir? https://opensea.io/collection/wild-emus $12, very good price to enter
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from what i have seen, the biggest win for true metaverse stuff is the online gambling/poker in decentraland. people are making a ton basically renting out clothes/fashion stuff to people who want it and be seen there. I don't fully understand the mechanics, but the poker rooms were driving the most traffic. lots of projects have sandbox avatars that you can get of another 'brand' of nft that you own. only way to learn is to drink from the firehose, lol.
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LOL, haters gonna hate. I am always happy to talk about nfts/crypto though, so here's your explanation. the part that is locked up only earns ~20% APR. we could chose if we wanted to not stake, stake for 3mo, 6mo, 9mo, 12mo. The longer the stake the higher the bonus on return (staking for 3mo returns ~5%) i staked for 12 months but it was not a condition of receiving/using the coin. There have been unannounced bonuses in the form of additional free NFTs if you were staking. ive received ~8-12eth worth of those so far. sold some; kept most. The devs will at times take a snapshot of who's staking and can give out these nfts or other in-game bonuses. The part that earns the "4% per week" is not locked and i can exit at anytime; so yes i can sell and convert to USDC in under a minute if i choose to. These are the liquidity pools. you take a common coin like eth or MATIC or USDC and pair it with the game's coins ($RAIDER or $AURUM). Then you can stake that pair in a pool so that people can easily trade between those coins. you get a cut of the fees from every transaction depending on how much of the pool you own. It generates more of their coin ($RAIDER) https://www.coingecko.com/en/coins/crypto-raiders continuously. so you can take that and sell it for USDC whenever you want, or hold it and speculate if the price of $RAIDER will go up or down. anyway, this was all almost 100% free roll. i bought 35 of the game NFTs with no expectation that they were going to make their own in-game economy. all of these coins were given out to holders for free with no strings attached based on how many NFTs you owned. you could sell it all instantly or keep them. all told the nfts and coins have done 65x in value in 8 months. I don't get why you feel a need to take the time to try and make this into a ponzi scheme. IDGAF if your stock has a dividend or not. I probably own some XOM in an IRA account. Again, invest how you want to. I have stock investments and also crypto and nfts as well. you will never get returns like this from stocks, so why not do both? Here is another example. $LOOKS https://www.coingecko.com/en/coins/looksrare is the coin for a new nft marketplace that just started up. Think an ebay for nfts. They are trying to compete with the dominant monopoly OpenSea. So Looks Rare went and grabbed data on everyone's public wallet address that had used OpenSea in the past 6 months or so. Then gave them x amount of $LOOKS based on usage (#of buys/sells etc...) for free. Then launched their marketplace which had lower fees and also gave the fees they did charge back to the holders of $LOOKS. So that's a pretty big incentive for people to switch from using OpenSea and move to LR. The return on staking $LOOKS has been ~650% in the first month. You can unstake and sell at any time. Staking earns you more $LOOKS and also Eth. The $LOOKS autocompounds and you can withdraw the Eth bonus out whenever. you can be Jack's mother and keep the cow. I'll take the magic beans. You do remember that the magic beans actually worked, right and that Jack ended up with the goose that laid golden eggs? maybe work on your analogies
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Trivial things that please the ever living shit out of you
gyroprotagonist replied to Tailleur17's topic in Lulz
i thought they were supposed to check for the bent axel/all tires touching. it's a known exploit but it's been a decade since we have raced so who knows what the rules are now. -
Comic Relief: Satirical Tweets and Memes
gyroprotagonist replied to Hugo Stiglitz's topic in Cloak Room
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Comic Relief: Satirical Tweets and Memes
gyroprotagonist replied to Hugo Stiglitz's topic in Cloak Room
it would be funny to see how many state AG and Gov candidates are running against Joe Biden and KH based on their political ads. I am already sick of the Texas ones. -
American Happiness Reaches Five-decade Low
gyroprotagonist replied to Harrison Bergeron's topic in Daily Texan
probably need more parks and fire stations. at least that always worked in sim city.- 252 replies
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Depends. Artists can set the terms. Some NFT projects give holders all the rights (to their specific piece; not overall rights to a broader series) some retain some/all rights. They can. But this would kill their rep and discourage future buyers from buying from them and from buying on open market. Say the artist gets popular and has 5 works all owned by collectors. the floor (min price to buy any of the 5 pieces) which is set by the current owner has risen from $300 to $5000. This price is based on the fact their are only 5 of these pieces. if the artist makes copies digital or physical to sell to others, then that scarcity goes down and no one would buy one of the existing pieces at $5000 because there exists the threat that the artist would increase supply and undercut the market price. The artist gets 5-10% of each sale so if their work gets to the point where it is desirable and the price is rising and it is changing owners frequently, they are making $ on each sale of the original (vs traditional art where they only get the initial sale price). It's in their interest to to want rare pieces that explode in price on the open market and that it changes hands frequently. Fidenzas https://opensea.io/collection/fidenza-by-tyler-hobbs are a collection of 999 works of art that skyrocketed in value past 100eth. Each sale at that level netted the artist 5-10eth. This is the exception obviously, but if this artist were to just create another one and try to sell it, it would crater the market for their work. i don't think copying existing physical media into a digital format would be. Most successful projects are original works of digital art afik. Some artists offer the initial purchaser a physical companion piece as a bonus.
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i am not super plugged into the art scene, but have not seen artists scan previous work and then convert that into an NFT. most are originally digitally drawn and then sometimes they will make a physical copy for the holder. I guess it could work in reverse. What @Nice Guy Eddie is talking about is collectors like to know there is a finite amount of these things. If the artist says this collection will have 10 paintings and they sell out and the floor price shoots up to 5eth, it would be a disaster if the artist decided to make another 10 or 50 of the same collection after the fact (even worse if they just made more straight up copies of previous works). rarity and exclusivity are highly valued in the nft space. i have seen artist posting on twitter that it can take 8/12/16 months before even 1 pc gets sold, so it can be something to put out there but probably not instant gratification. Plus there will be a cost for a dev to make the smart contracts. Add in time spent curating a social media presence for exposure. https://discord.gg/VySqukNvfD This is a discord I am in (but don't frequent too much) they host a different artist every month and make their works available to their members (for a small discount) and the public. usually host some ama's with the artist and things like that. Even these don't gain too much traction, tbh. Generative art is big in the nft art scene. letting an algorithm dictate how a base structure will generate. it guarantees the randomness collectors like where each piece won't be the same.
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Cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.)
gyroprotagonist replied to surlybevo's topic in Business and Markets
kucoin will have almost every coin under the sun. i mainly use coinbase and then kucoin for stuff they don't offer like gaming coins. -
it's the wild west for sure. especially in the nft space. i have been duped probably half a dozen times on the 100s of projects i have stuck my toe into. some of them are eventually revealed to be the same scammers pulling the same shit until they get doxxed/revealed. there is pretty much a game plan. Pay to build hype/engagement on twitter to gain followers. Dupe or bring in an 'influencer' to lend a shred of credibility. flood your project discord with bots and fake followers. farm out the actual art to fiverr.com for cheap. Then usually the person writing the smart contracts is the grifter. Hype Hype Hype for 2-4 weeks and then sellout your 10K nft project at mint. Then give the double birds to everyone and peace out and pull the rug after collecting $1-5M and leaving people with worthless nfts. Just the amount of social engineering ('hacking') to steal people's nfts or eth is astounding. just post on twitter or redit about a problem with your crypto wallet and see how many helpful people reach out and can fix your issue if you give them your seed phrase or allow remote desktop to them, lol. people say it all the time but only 'invest' what you are willing to lose. really and truly willing to lose it all. After getting in somewhat early to nfts, 100% of what I do now is with house money so i am OK taking on some high risk stuff. it's not for everyone, i like the gambling/speculation aspect of it. get a rush out of it for sure. obviously not sound financial advice, lol.
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this is getting unwieldy. i was responding to Fudge nugs about passive income i was earning on another coin. i never said it was BTC and stated it was on the eth chain. Then you jumped in harping about pump and dump. Then when I explained it was not a pump and dump, you went back to 'yeah, but i was just talking about BTC only' because that fit your narrative and your pump and dump theory was garbage. @longhornmatt no, i am comparing bitcoin speculation to stock price speculation. people can come up with whatever research/fundamentals/charting to justify any position they choose to take on the price going up or down on either BTC or the value of a share. I agree, I own shares in a private company that occasionally returns some dividends. But some others that don't. I won't make any money until the company is bought out, an exit event you might say. Again, there are TONS of passive ways to make money in crypto that do not require selling your initial investment. i literally just posted one a few posts up. The speculation is that BTC or whatever crypto coin will increase in value relative to USD or your fiat of choice. Same as a share price for stock. your (non dividend earning) share of common stock is worthless until you sell it to somebody. you do know that you have to sell a stock (and a 'mark' has to buy it) to get money right? I am not saying crypto is super stable and will be around forever so move your 401K to BTC. i personally don't see too much difference between speculating on crypto and stocks. If you are investing for the long term (not speculating) then that is different. as i said earlier I am not buying and holding crypto but will continue to play in the market. if you think it's scam - cool. idgaf and not trying to convince you otherwise. I just think that 'betting' on the stock market to go up and 'betting' on crypto go up are similar; you need someone willing to pay a higher amount for the price to keep going up. making weekly/monthly buys in the stock market is a far wiser choice, imo, vs doing the same thing in crypto.
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who said anything about a pump and dump? i was a day 1 investor for an online game done on the blockchain. that game has its own tokens and in-game currency and they incentivize people who stake and hold as well as provide the liquidity for people to convert USDC and other coins to their game tokens. That has been paying an extraordinary amount from conception to now. I have some that I locked in for a year, so this is far from a pump and dump. The project has grown from 3 people to now employing 20. Can i guarantee that they will have the stability of Lockheed Martin? no, they don't have a DoD contract as far as i know, but i am realistic in knowing that shit happens and it could all disappear tomorrow and have adjusted my risk appropriately. This is what i am talking about. people's bias just makes up their mind for them because everything related to crypto has to be scam because it all just electrons. "prices inevitably plummet because the asset doesn't have any inherent value or use" - That's just a wrong statement as there is use and inherent value due to the game and community that they have built.
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i'm earning 4-5% per week on another crypto coin i am in on the eth block chain. do nothing but collect the coin every day and choose to convert to fiat or speculate on if it will go up in price. it's ~350% per year return. will it last a year? who knows but it's an insane return right now and has been for last 6 months. Lots of crypto cexs will let you earn various rates of return 5-20% for just staking your coins. you can earn a % of the fees accrued when people move from one coin to another. There are tons of ways to earn passive income with crypto coins so this is stupid argument yes, what i am saying is not particularly insightful or useful information because i don't care if people think BTC is going to stand the test of time or not. i'm not personally buying and holding BTC even though i think crypto currency will continue to be more and more relevant as time goes on. people saying it's a fraud or ponzi but take stock valuations as the gospel truth just baffle me is all.
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not sure how this spun into comparing BTC to a company. BTC and Shares of a company are similar in that you can speculate on them. people have different theories on their value and it's mostly full of shit and both are over inflated. If you can trade BTC for fiat and then buy something with that fiat, then both BTC and fiat have value. But if your McDs generated $7.5 in fiat and suddenly that fiat cannot buy anything of value, then yes it would just as worthless as BTC. again, BTC, USD whatever is worth what people will trade for it. I am not trying to argue anything other than that. people saying BTC is worthless because it doesn't do anything are stupid. At least today it has worth. Does the gold sitting in UTs vault 'do anything'? is is going to be melted down for circuits, jewelry? no it's going to sit there and either go up or down in value based on speculation.
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