Replying to Avatar Derek Ross

They are celebrating that an "Ordinal Punk" sold for 1.6 BTC. Sigh.
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Ayy 2y ago

This time it’ll die faster than shitcoin nfts because these ones cost real money.

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Derek Ross 2y ago

I'm not so sure. This Space was worrying. It sounded exactly like a Shitcoin NFT Space. They talked about aping into NFTs, being complete degens, and "BTC NFTS MOTHAAHH FUCKAAAHHHSSS"

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marcp 2y ago

Incentives. It is self correcting. Fees are low.. who cares. Fees go up they slow down. If JPEGs are paying miners $1M's jokes on them!

9a
djdornejsifjdjsnehdus 2y ago

Best case scenario is they price themselves out of transacting. When fees go high, someone will build an off-chain centralized storage platform, and they'll all just pile onto it, because most of them are profligate retards who won't know or care to know the difference.

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₿itRoar⚡ 2y ago

wish it