Founder of @BeetsDAO // Cadence Labs // Cadence Fund 🚲🚲🚲 || noxcusej.eth || noxcusej.lens // Pacing the search for killer apps to bring 100M ppl to #web3.
Harbaugh calling for a knee to center the ball likely cost his team anywhere between 5-10% win expectancy. As Raven of a loss as you'll ever see - the grand finale
@multivrsstudios@Surreal_Beam Most people will never know the joy of speculating on art with the public means to pump your own bags..
Couldn’t name an artist in a gallery or museum. You’re all a bunch of grifters waiting for your payday.
I know because I was one of them. Losers.
If there’s one thing I learned from trading NFTs as one of the top OpenSea traders in 2021 and 2022, it’s that nobody actually cares about the NFT. it’s all about the money.
When the chests unlock, every floor price is going to drop to par value as there is a rush to the exit to convert cartoons to money.
At equilibrium, it will have been less expensive to outright buy those NFTs, and the flood in the market will wash them right back to neutral prices, likely less than you chased the chests down for.
As Adam Smith said in the Wealth of Nations, “The owner of capital acts in the public interest if acting in his private interest is profitable and happens to provide a public benefit. He does not act in the public interest if acting in his own interest would be unprofitable.”
Bottom line. Think for yourself, but don’t expect your community action to reward you. You only win when you sell.
If there’s one thing I learned from trading NFTs as one of the top OpenSea traders in 2021 and 2022, it’s that nobody actually cares about the NFT. it’s all about the money.
When the chests unlock, every floor price is going to drop to par value as there is a rush to the exit to convert cartoons to money.
At equilibrium, it will have been less expensive to outright buy those NFTs, and the flood in the market will wash them right back to neutral prices, likely less than you chased the chests down for.
As Adam Smith said in the Wealth of Nations, “The owner of capital acts in the public interest if acting in his private interest is profitable and happens to provide a public benefit. He does not act in the public interest if acting in his own interest would be unprofitable.”
Bottom line. Think for yourself, but don’t expect your community action to reward you. You only win when you sell.