You need to buy one of the nfts which has an image of your team. You use that for weekly and season prizes. Prize pool is paid for buying and selling nfts as well as side pools/games. Its an awesome concept. You get a team and position so can use for dynasty and then just get the points from whoever plays the best at the position/team.
OT: Bitcoin, Altcoins, NFT's & All Things Crypto
- Thread starter bob-loblaw
- Start date
There was nothing sensitive about it. I was telling him he can believe me or not. His win or loss.
Nice man hope you buy in. Its a great concept. Going to expand into NBA if it mints out before the season starts. Web 3.0 fantasy sports. Discord is fun if you have.
I know its crazy - the German bombed Pearl Harbor...lol
I ran into this Jewish dude from Brooklyn Kaballah Guru on YT nice guy and he said buy into Lobstr...its basically a staking Stellar XLM into assets or an XLM Wallet. Was like WTF Crypto aint doing anything. Put 400 bucks into it a month ago for shits and giggles. It did nothing for a month but this Friday and Saturday one of the assets hit and it 300x up was up over 900 bucks but sold late and made 500 bucks tonight. I made like 4700 XLM this weekend.
Here are a couple sites like Crypto Market Cap that are exclusively for XLM - like there is a budding echo system for XLM...there appears to be a lot of money going into XLM....Good luck I like sharing. Why cant well all make money and have a good time doing it?
We can and we will! Peace out
https://sdexexplorer.com/
stellar.expert
This is the one I made the money = probably pumped and dumped by know but still have a 1000 XLM in just in case. Good luck!
ttps://lobstr.co/assets/CTGX:GCHRGKAGOYJSX7NWOLQQXW5R3JK55XAI4ZQFF2YQWG4AQODUGR6MHWMB
https://ctgx.stellarmint.io/
GCHRGKAGOYJSX7NWOLQQXW5R3JK55XAI4ZQFF2YQWG4AQODUGR6MHWMB
I ran into this Jewish dude from Brooklyn Kaballah Guru on YT nice guy and he said buy into Lobstr...its basically a staking Stellar XLM into assets or an XLM Wallet. Was like WTF Crypto aint doing anything. Put 400 bucks into it a month ago for shits and giggles. It did nothing for a month but this Friday and Saturday one of the assets hit and it 300x up was up over 900 bucks but sold late and made 500 bucks tonight. I made like 4700 XLM this weekend.
Here are a couple sites like Crypto Market Cap that are exclusively for XLM - like there is a budding echo system for XLM...there appears to be a lot of money going into XLM....Good luck I like sharing. Why cant well all make money and have a good time doing it?
We can and we will! Peace out
https://sdexexplorer.com/
StellarExpert | Stellar XLM block explorer and analytics platform
Explore detailed stats, price history, and analytic reports for all assets on Stellar Network. View comprehensive account history, search transactions and payments, examine well-known accounts, analyze XLM and Stellar Network performance.
stellar.expert
This is the one I made the money = probably pumped and dumped by know but still have a 1000 XLM in just in case. Good luck!
ttps://lobstr.co/assets/CTGX:GCHRGKAGOYJSX7NWOLQQXW5R3JK55XAI4ZQFF2YQWG4AQODUGR6MHWMB
https://ctgx.stellarmint.io/
GCHRGKAGOYJSX7NWOLQQXW5R3JK55XAI4ZQFF2YQWG4AQODUGR6MHWMB
The theory is XLM will take over for the dollar and XRP will take over for the Gold. Maybe I am a year early on that but I made 500 bucks this weekend and thats no joke. You guys are smart and will figure it out.
I can post a list of Stellar assets if you want - some are legit and some are not turned on yet and some are scams but I do have a list. If you want it.
I can post a list of Stellar assets if you want - some are legit and some are not turned on yet and some are scams but I do have a list. If you want it.
🤦♂️I know its crazy - the German bombed Pearl Harbor...lol
I ran into this Jewish dude from Brooklyn Kaballah Guru on YT nice guy and he said buy into Lobstr...its basically a staking Stellar XLM into assets or an XLM Wallet. Was like WTF Crypto aint doing anything. Put 400 bucks into it a month ago for shits and giggles. It did nothing for a month but this Friday and Saturday one of the assets hit and it 300x up was up over 900 bucks but sold late and made 500 bucks tonight. I made like 4700 XLM this weekend.
Here are a couple sites like Crypto Market Cap that are exclusively for XLM - like there is a budding echo system for XLM...there appears to be a lot of money going into XLM....Good luck I like sharing. Why cant well all make money and have a good time doing it?
We can and we will! Peace out
https://sdexexplorer.com/
StellarExpert | Stellar XLM block explorer and analytics platform
Explore detailed stats, price history, and analytic reports for all assets on Stellar Network. View comprehensive account history, search transactions and payments, examine well-known accounts, analyze XLM and Stellar Network performance.
This is the one I made the money = probably pumped and dumped by know but still have a 1000 XLM in just in case. Good luck!
ttps://lobstr.co/assets/CTGX:GCHRGKAGOYJSX7NWOLQQXW5R3JK55XAI4ZQFF2YQWG4AQODUGR6MHWMB
https://ctgx.stellarmint.io/
GCHRGKAGOYJSX7NWOLQQXW5R3JK55XAI4ZQFF2YQWG4AQODUGR6MHWMB
Lol. a similar theory was kicked around years back except xrp was to be used for corporate transactions. Happy you made money, but things like this are suspect in my eyes.
Want to make money in crypto, buy btc and hold for 5 years. Or if you have the patience, it's prob going to keep trading sideways, sell the highs and buy the dips. I'd rather just buy, hold and stake.
Celebrity-endorsed NFTs leave investors 'financially crippled'
With little regulation, some influencers are stepping in to call out their peers.
www.nbcnews.com
Sell everything and buy Bored Bunny NFTs!!!!!!!!!!!!!!!!
Crypto related litigation will boom in the next few years thanks to shills and rug pulls. The problem with some of these “projects” is that nobody knows who is actually behind them. On the other hand, the celebrity endorsers are sitting ducks.Celebrity-endorsed NFTs leave investors 'financially crippled'
With little regulation, some influencers are stepping in to call out their peers.
Sell everything and buy Bored Bunny NFTs!!!!!!!!!!!!!!!!
I bought 2 pictures of apes yesterday for $300. They are worth $5k today. Maybe they'll write an article about me.
I'm not sure that really means what you think it means.... but, enjoy it while you got it!
it is a strange intersection of celebrity, fashion, technology, greed and hubris...
certainly profitable while it's profitable.....
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Their current floor price. It’s settled at $5k, moved between $4500 and $8000 to start. $15 million in sales volume in 24 hours.
Serious question. Besides it going up in value and you selling it, is there any way for you to monetize it?
unless you're Paris Hilton, Jimmy Fallon or happen to pick-one up from a famous person via a phishing scam?
not really...
The Owner Of Seth Green's Stolen Bored Ape Said They Have No Plans To Return It
The owner requested that BuzzFeed News put them in touch with Green.
A few ways…
1. Value goes up, sell it.
2. Hold and see what their “roadmap” reveals. You usually get this ahead of time, this one hasn’t revealed and rose on hype alone (300k Twitter “followers”) Pretty sure the group behind them are festival promoters and have a big event planned for NFT NYC
3. Use as equity for a loan. Could get 80% loaned to me for 30-45 days. If price crashes I walk away, loaner keeps my nft.
Since I bought so cheap and am intrigued by the project I’ll hold it and roll the dice
It’s peer to peer so I’d get to list my terms and it would be funded or not. 3-5% is usual depending on the collateral. Pay less if paid off early.
Really? Wow. That's way better than a small business could get with collateral and cash flow to support it.
Thanks.
On number 2, could you expand on that further. How does that money from that event get to you, the holder of the NFT?
Nothing directly per say from that event, just a rise in price if they get more notoriety/hype. They could use the NFT’s as tickets to concerts/festivals or some other utility, but who knows.
That’s what I’d be willing to pay. Rates are all over the place. The high ones are likely people just looking to dump their nft without paying the usual fees/project royalties.
Yawww | Sell & Collateralize Solana NFTs
www.yawww.io
Ummmmmm.... 3% for a 14 day loan is about 80%APR bro.......That’s what I’d be willing to pay. Rates are all over the place. The high ones are likely people just looking to dump their nft without paying the usual fees/project royalties.
Yawww | Sell & Collateralize Solana NFTs
that's loan shark territory...
I wouldn't really call what's going on those site "loans"... it's more margin arbitrage...
more bubble.... but have at it... good luck
Thanks bro. It is all arbitrage indeed. I don’t actually take loans, was just answering someones question about how these can me monetized. Good example you posted there, that’s one from the collection I bought. Someone paid $175 for that yesterday, got $2200 of liquidity to play with today. Price crashes, they walk with the liquidity and no penalty (no loan shark hunting them down). Price stays the same, they have a decision to make. Price goes up they pay it back. Like they say “there’s always money to be made in a bubble.” I actually prefer the other side, funding loans. Higher risk, higher reward.Ummmmmm.... 3% for a 14 day loan is about 80%APR bro.......
that's loan shark territory...
I wouldn't really call what's going on those site "loans"... it's more margin arbitrage...
more bubble.... but have at it... good luck
Ummmmmm.... 3% for a 14 day loan is about 80%APR bro.......
that's loan shark territory...
I wouldn't really call what's going on those site "loans"... it's more margin arbitrage...
more bubble.... but have at it... good luck
Ha. I should have read that more carefully. Thought it sounded too good to be true.
I have to laugh. I saw a NFT bust article on Drudge and the first thought in my mind was that it, or some iteration of it, was linked here.
Have to give you credit. I dont have the patience or stomach to get involved in that space.
As the kids say- “probably nothing”…
bitcoinist.com
Solana Eclipses Ethereum In 24-Hour NFT Trading, Launches Trippin’ Ape Tribe | Bitcoinist.com
Solana NFTs are swinging it better in revenue compared to Ethereum NFTs in just 24 hours which may be attributed to the hype of the highly awaited launching
bitcoinist.com
Depends on the project. For the most part, they are the reward to miners or stakers validating transactions or mining. Some will also go to a dao. And some unscrupulous projects it just goes to what equates to a master wallet.
Most of the alt projects are going to crash and burn spectacularly. Maybe not as spectacularly as Luna/UST, but the bulk of projects are going to zero or near zero. When btc breaks out of this consolidation, I don't foresee the alts piggybacking. The genuine fear of getting rekd on alts has been validated due to Luna.
For example, look at the hot web 3.0 play from last year, ICP. It launched a little over a year ago with a ton spent on marketing and market makers. It popped up somewhere in the $700's. It's trading under $7.50 today. Rekd. That was supposed to be the hot web 3.0 play. Lol. As an Elastos holder (essentially the only alt I plan on holding) watching this fall from grace has been comical.
Like @bob-loblaw said, it depends on the project. Most will list it ahead of time- portions to the founders, DAO, etc are the most common. Some will pocket the money and not do much. The best projects will use it to continue to build a product or brand, which adds value, which increases revenue, and around you go.
This is where I’ve struggled the most - who oversees the founders, DAO, etc.? If they pocket the money and do nothing, is there any recourse? If you wanted to see where the money went, is there a way to find out?
A project can get “rugged” and a founder can leave with the money. It’s happened a few times but projects are getting better about putting safeguards in place and securing funds in escrow, requiring additional signatures, etc.
I’ve mentioned DeGods before. Their DAO has a wallet, it’s obviously on chain and can be monitored by anyone to see its activity. They buy assets (a Big3 basketball team, other NFTs to hold, etc) and all can be tracked…
Real-time Scanning Tool for Solana Network
The user-friendly and real-time update Scanning Tool for the Solana Ecosystem. Track your $SOL and Solana-related tokens to get information on transactions, blocks and token details.
solscan.io
It depends entirely on the DAO. The two that I've held court on are Elastos and Decred. Both have strong transparent DAO's.
And no there's no regulation right now on rug pulls. Which is why the Luna collapse could be a good thing for crypto. Some regs are a good thing in that they'll allow more capital inflows from institutions that wont put $$ into btc and other crypto w/o them.
Have you started buying any btc yet? This very very well could be the last time btc sees prices in the 20's. Eventually it's going to be game over for anyone on the sidelines who was mulling an entry point. This is no different than the internet in 97 or mobile in 2006.
More transactions = more problems. Its still beyond faster and cheaper than ETH, so people that actually use it don't mind the outages. Imagine what happens when they are ready for your fictional "primetime"?
Anyone can build an unstable network that crashes all the time. Pass. SOL will be Luna 2.0.
Lol, you’re consistency is admirable…
T2k in the stock and investment thread- buy all the up and coming stocks, you’re gonna miss out on generational wealth!
T2k in here- stick to the top two names, no one else is gonna make it.
We’ve established your level of knowledge here is based off of buzzfeed level articles, keep up the good work.
Don't get mad. SOL is an unstable and unsecure network that lacks decentralization. Will it improve? Maybe. However, as of now, it is what it is.
FYI - I own ADA and DOT as well.
