3 ms·

As someone who still proudly owns one or two (actually 'useful') NFTs I never heard of s gamestop nft marketplace.

by herbst 3y ago

BasedInfra 3y ago
What utility do your NFTs have?
- herbst 3y ago
  I have land on Sandbox game. Which didn't cost a lot when I bought it initially (like $80) and is still worth much more than initially paid while the game is slowly still majoring. Could have sold them for 15k each in the NFT hype but I rather build my imperium in their universe one day :)
  - blairbeckwith 3y ago
    Phew, that was close. I thought I had missed a story about NFTs having actual utility.
    - I_Am_Nous 3y ago
      Seems like the only "utility" is hope - hope that an $80 bet turns into more.
      - herbst 3y ago
        Current market value is at ~$600 and it's a playable game with actual users getting regular updates. It's more or less the maximal value of all NFTs I can remember right now.
    - herbst 3y ago
      It's about as much utility as one of those Wii figures for $40. Why don't we simply appreciate that some NFTs aren't total bullshit but fun tech toys?
  - jrflowers 3y ago
    This is an excellent point. Few people can appreciate the utility of losing tens of thousands US dollars by hodling
    - herbst 3y ago
      I know nothing about actual investing. I am just happy when I buy thing at value A and sell same thing and much higher value B. The rollercoaster in between is to much stress and usually not worth the ride
      - foobiekr 3y ago
        The videos I posted at top level are, unintentionally, for you.
      - jrflowers 3y ago
        This is a good point. “Utility” means “something that makes me happy” and “sell at higher value” means “not selling a thing”
NicoJuicy 3y ago
You're image url didn't go offline yet?
- herbst 3y ago
  People get really pissy about my $160 investment here. No, the land is still there, the game still in active development. People spend $100 on AAA games and $500 on Kickstarter early access bullshit but me owning a bit land in an actually playable game is weird ..
  - PhasmaFelis 3y ago
    > People spend $100 on AAA games and $500 on Kickstarter early access bullshit If it helps, I also think those people are weird.
    - herbst 3y ago
      I too think that. But I guess most people spend money on things that are weird for others
  - NicoJuicy 3y ago
    Why would I be pissed about your "investment"? I earned * 9 with crypto, when I sold end of 2017. I'm at peace with that ( selling in that periods high) and shifted to stocks. I'm just pointing out that NFT's, in a lot of cases, just point to an image on a website... Why are you upset about that? If you wanted me to be more specific, you didn't give me any details. Now that you did... How long did you have that "land" and what's it worth now?

As someone who still proudly owns one or two (actually 'useful') NFTs I never heard of s gamestop nft marketplace.

by herbst 3y ago

As someone who still proudly owns one or two (actually 'useful') NFTs I never heard of s gamestop nft marketplace.

BasedInfra 3y ago

What utility do your NFTs have?

herbst 3y ago
I have land on Sandbox game. Which didn't cost a lot when I bought it initially (like $80) and is still worth much more than initially paid while the game is slowly still majoring. Could have sold them for 15k each in the NFT hype but I rather build my imperium in their universe one day :)
- blairbeckwith 3y ago
  Phew, that was close. I thought I had missed a story about NFTs having actual utility.
  - I_Am_Nous 3y ago
    Seems like the only "utility" is hope - hope that an $80 bet turns into more.
    - herbst 3y ago
      Current market value is at ~$600 and it's a playable game with actual users getting regular updates. It's more or less the maximal value of all NFTs I can remember right now.
  - herbst 3y ago
    It's about as much utility as one of those Wii figures for $40. Why don't we simply appreciate that some NFTs aren't total bullshit but fun tech toys?
- jrflowers 3y ago
  This is an excellent point. Few people can appreciate the utility of losing tens of thousands US dollars by hodling
  - herbst 3y ago
    I know nothing about actual investing. I am just happy when I buy thing at value A and sell same thing and much higher value B. The rollercoaster in between is to much stress and usually not worth the ride
    - foobiekr 3y ago
      The videos I posted at top level are, unintentionally, for you.
    - jrflowers 3y ago
      This is a good point. “Utility” means “something that makes me happy” and “sell at higher value” means “not selling a thing”

NicoJuicy 3y ago

You're image url didn't go offline yet?

herbst 3y ago
People get really pissy about my $160 investment here. No, the land is still there, the game still in active development. People spend $100 on AAA games and $500 on Kickstarter early access bullshit but me owning a bit land in an actually playable game is weird ..
- PhasmaFelis 3y ago
  > People spend $100 on AAA games and $500 on Kickstarter early access bullshit If it helps, I also think those people are weird.
  - herbst 3y ago
    I too think that. But I guess most people spend money on things that are weird for others
- NicoJuicy 3y ago
  Why would I be pissed about your "investment"? I earned * 9 with crypto, when I sold end of 2017. I'm at peace with that ( selling in that periods high) and shifted to stocks. I'm just pointing out that NFT's, in a lot of cases, just point to an image on a website... Why are you upset about that? If you wanted me to be more specific, you didn't give me any details. Now that you did... How long did you have that "land" and what's it worth now?