Not on holiday yet so I'll allow myself one more thread... The markets are crazy! NFT are just jpegs! Dog coins! Cat coins! Tesla ! GameStop! Everyone is going to get burned! Don't they realize about discounted cash flows?!!! These people are ruining everything! Green energy?!

Happy to collect my first work of Roope Rainisto thank you Verse 🥳

NiftyFifty If I make it, I won’t say anything, but there will be signs.

don’t buy a pfp because it’s iconic make your pfp iconic

🚨LEAKED MESSAGES WITH CERTIK AUDITORS

1/20 𝗔𝗜 𝗔𝗿𝘁 𝗠𝗮𝗿𝗸𝗲𝘁 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 - 𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟰 Starting today, we’re excited to share monthly market insights about the AI art landscape for the NFT community. We'll cover valuations, top collections, rising artists, and more - all presented in a simple, fun

⛔Would you have caught this malicious Zoom link?..⛔ Scammers are getting extremely sophisticated, and have evolved their tactics to impersonate zoom which, if downloaded, takes everything from your device... Over $300K stolen so far... Let's dive into how this happens ⤵️⤵️

IPFS doesn’t “store” NFTs, it links nodes that do. Anyone can be a node. If there’s one interested party in the world who stores the art and pins it to the IPFS address, you’re good. Or, y’know, *you* might consider being a node if preserving the art is in your interest.

Punk 2386, with a current high bid of 600 eth, sold for 10 ETH today. A combination of clever sleuthing, followed by an unfortunate miscalculation leads to a 7 figure payday for 0x282. 🧵

1/ On Buying The Statue of Liberty I did a lecture today for George Giaglis's MOOC on NFTs and I got the RCSA question. "NFTs are just a receipt, just a pointer to an image. I can download them and view them without buying them" A classic question! Here is what I said.

My highest conviction "set it and forget it" investment for the next 10 years is crypto art. For me it's the most compelling, enjoyable and interesting area in all crypto. Massive crypto wealth creation, along with monetary debasement, will drive incredible demand for scarce

Back to the part of the cycle where people are buying 100s of thousands of dollars worth of NFTs they don't actually want and then selling them for 10s of thousands of dollars in losses daily so that they can eventually get a token they don't actually want

When you've been in crypto for 6 years:

I round tripped 8 figures last cycle. A few things I learned: - It’s almost always better to sell too early and miss out on gains, then to hold too long and round trip the bag. This is because eventually, almost everything trends to zero, so even your “early sell” is likely

How is this not obviously a complete economic disaster for America? 1) Stocks down so savings are getting crushed 2) Bond yields surging so America need to pay more interest on its debt 3) Dollar down so every thing the US buys abroad is more expensive (on top of the tariffs) 4)

Twitter removing the wallet connect NFT profile pictures was actually a huge loss for NFTs Verifying ownership was good for assessing authenticity of accounts wearing NFTs, but NFTs are also the best way to associate your identity with a wallet Twitter being the primary rails

Covid crash: $1.2B in liquidations. FTX crash: $1.6B in liquidations. Today: $1.9B in liquidations.

"The guy who invented poker was bright, but the guy who invented the chip was a genius.” - Julius "Big Julie" Weintraub NFTs priced in ETH (esp. when acquired at lower basis) drove the boom and still affect the market. Exchanges pushing USD-centric pricing hurts ETH and NFT

Comfy holding NFTs that are going down in ETH, while ETH is going down in USD, and USD is going down in EUR

⚠️ CRYPTO MAY BE HEADING TOWARD ITS LARGEST CRASH EVER The magnitude of losses now places this selloff among the most severe events in market history. Over $2.22 TRILLION has already been erased, sending crypto down more than 50% from its peak. This is now the 2nd biggest