Floor prices of so-called ‘Blue Chips’ have been battered like Anthony Joshua on a night out in Jeddah. And if the valley of the Twapes is to be believed there’s a formidable sword of Damocles hanging over the NFT space it’s blade polished, sharpened and ready to shred our puny guts with a series of cascading liquidations and a subsequent death spiral event could see floor prices go to ZERO. Or worse. As Cirrus describes it, this could be “the single biggest risk to the NFT market that nobody is talking about”
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using an NFT as collateral was always a pretty dumb idea massively hyped by the startups trying to land rush. now that liquidity demands a premium tide is going out, should call them zombie jpgs like zombie companies before it
Seems like the natural, stupid progression of things. Why people took things so far as to get
massive loans for their jpgs is beyond me.
Seems like this whole space has just become a clusterfuck of dumb shit in the last few months lol i cant remember the last time I actually felt excited for what anyone is "building"
I advice all crypto holders should authenicate and re-encrypt wallets wanna know how?
NFT collaterals are only possible and profitable during the bull season, never put your nft into as collateral unless its gonna be fully paid of within a week or so.
Massive shits!
Floaters!
White power gang signs!
Robin is back.
where the F is the DeFi from this channel? TO MUCH NFT Not F**ing Tranding…just sayin man what is to much is to much, and nfts and bullshit of pics w value is on this channel. I've used to love this channel but this is not a news channel anymore. Please focus on the rest of the ecosystem
you only have 19 likes
the rest 100 are me..
Great video beloved
Nft jpegs are proper dumb.
Undercladding soiled.
BAYC, punks, cartoons — links to them – not even a print for your wall – worthless.
Can you make a video explaining how beginners can make huge profit within a short period of time? I mean i was at a seminar and the host spoke about making well over $880,000 within 4months of investing $150,000 i just need to know how.
If you see this, 4 words..
Tezos – generative art – fxhash
Seriously STOP with this pfp bullshit
Never
Felt
Tiddy
🙂
Good. F those dumb ass things
BendDAO’s stupidity and lack of responsibility should not speak for the rest of the NFT lending ecosystem. Every one of their competitors has better liquidation engines
An NFT is a cryptoasset representing something unique and collectible using blockchain technology. The NFT could be in demand because it has been created by a famous artist or composed by a world-class musician.
#GateNFT partnered with best artists and projects worldwide to provide INOs for quality works. We discover, promote and help with the growth of excellent NFTs
I am so thankful to maskoffweb for the help. They got me a hacked transfer of $ $5,900 yesterday
I am so thankful to maskoffweb for the help. They got me a hacked transfer of $ $5,900 yesterday