Bored Apes have dropped around 3/4 of their value over the past year. They're still worth over $60,000, but anyone that bought them, or any other NFT, over the past year has taken a massive hit.
The real question is whether NFT prices will cycle with bitcoin when crypto prices spike back up or not. Crypto has always had crazy peaks and dumps, and that pattern will probably continue, but I think NFTs are just going to go to zero. There's no real reason for crypto, so speculating on a thing that has no value that's based on a thing that has no value is real dumb.
My problem is that people talk as if these are the only options.
There are other services, like VRBO, that do the same thing and usually have the same properties. AirBNB is garbage now, so just use an alternative that doesn't have the same bad policies and high fees.
I have supported Discord with a nitro subscription for as long as I've had an account. It's a terrific program and there's no reason to expect premium features for nothing in return. The mentality that everything should be free is why we have so many fucking ad driven online business models and I'm over it. I pay for what I use if it's a good service.
I posed this question to the admins a while back. How does the community officially suggest instances to defederate. How do we vote on those choices? Where is the process?
This was during the lemmy.online thing, where that instance (which no longer exists) created a bot to basic just crawl reddit and duplicate posts to their instance. I immediately told the instance admin that they should stop and I asked the admins where the process was to submit a de-federation request.
All I got was a bunch of BS from users about how de-federation should be something we don't take lightly, blah blah blah, but all I was asking was where the process is. How are we even partaking in a system that's so ripe for admin abuse?
The lemmy.world admins aren't malicious... they're just in over their heads. They've struggled with the technical side of running the service and they haven't built out some of the social tools that an instance this side needs. Hopefully they mature quickly.
It took me months to actually start using Lemmy and Mastodon. I would consider myself a tech savvy person and it still took a while getting used too. I think there need to be better tutorials linked on the sign-up pages that help people understand the basic concepts. That would help drive true user acquisition.
Crypto? no. NFTs? yeah pretty much.
Bored Apes have dropped around 3/4 of their value over the past year. They're still worth over $60,000, but anyone that bought them, or any other NFT, over the past year has taken a massive hit.
The real question is whether NFT prices will cycle with bitcoin when crypto prices spike back up or not. Crypto has always had crazy peaks and dumps, and that pattern will probably continue, but I think NFTs are just going to go to zero. There's no real reason for crypto, so speculating on a thing that has no value that's based on a thing that has no value is real dumb.