Mass hysteria surrounding the Bearded Stickman collection following recent comments from a NFT expert:
"I really like the Bearded Stickman project. I can honestly see this becoming then next Bored Apes or Crypto Punks. The difference being that there are only 8 NFT's in the BS collection which makes the tokens even more unique and desirable than other successful NFT projects"
Since these recent comments from a NFT expert, the interest in these tokens has gone through the roof! Invest now or spend the rest of your life thinking "if only"!
Topic: The NFT equivalent to a pyramid scheme (Read 110 times)
How's that equivalent to a pyramid scheme. Cos you buy some stupid colored words then list it twice as much as you bought it. I call that foolishness.
He maybe a newbie in the NFT, that NFT already created as a joke NFT and he was giving a serious feedback. This may disgusting for some people as what he was writing on his sentence refers to the people who bought and then sell their NFT at a very high price compared with the price when they were buying their NFT.OP, that's not a pyramid scheme and you should not take anything to be related into the pyramid scheme and it's not all of things always using the pyramid scheme just because the sellers are selling their NFT even higher. that's NFT marketplace. Anyone can put their auction to get the best price
See link below:
~snip
hahaha.... that is a joke for many people who bought shit NFT~snip
Yea,,, NFT can sometimes be scammy, just like ICO and Defi but these are all not the official definition of ponzi scheme (where you take a new investor money and pay it to old investor and the investors do not know which money is where and how close they are until it runs out).
I do not disagree a lot of NFTs are scams and honestly so are crypto. But the blame is on investors/speculators.
If you buy something that has no utility or value hoping to make easy money,,, be prepared for BIG disappointment.
I do not disagree a lot of NFTs are scams and honestly so are crypto. But the blame is on investors/speculators.
If you buy something that has no utility or value hoping to make easy money,,, be prepared for BIG disappointment.
yep that is not wrong but you already know that many people love to buy dream rather than face the reality behind NFT.
many NFT are overprice or worthless but you already know many people doesn't care about that
Then just don't buy that and it will fix it. It's only a garbage art created by trollers. Only stupid guy who will be buying such garbage art with non sense words on it. Just because he puts that words on his NFT and it doesn't mean if it equivalent with the pyramid scheme. So, have not you even heard the word of reseller in your life?
If someone bought good NFT and then he was selling it again for others with good profit and that's not a pyramid scheme lol.
Both have agreed to real with the price that will be paid by the buyers. did you mean reseller = pyramid scheme.
If someone bought good NFT and then he was selling it again for others with good profit and that's not a pyramid scheme lol.
Both have agreed to real with the price that will be paid by the buyers. did you mean reseller = pyramid scheme.
Yea,,, NFT can sometimes be scammy, just like ICO and Defi but these are all not the official definition of ponzi scheme (where you take a new investor money and pay it to old investor and the investors do not know which money is where and how close they are until it runs out).
I do not disagree a lot of NFTs are scams and honestly so are crypto. But the blame is on investors/speculators.
If you buy something that has no utility or value hoping to make easy money,,, be prepared for BIG disappointment.
Then just don't buy that and it will fix it. It's only a garbage art created by trollers. Only stupid guy who will be buying such garbage art with non sense words on it. Just because he puts that words on his NFT and it doesn't mean if it equivalent with the pyramid scheme. So, have not you even heard the word of reseller in your life?
If someone bought good NFT and then he was selling it again for others with good profit and that's not a pyramid scheme lol.
Both have agreed to real with the price that will be paid by the buyers. did you mean reseller = pyramid scheme.
If someone bought good NFT and then he was selling it again for others with good profit and that's not a pyramid scheme lol.
Both have agreed to real with the price that will be paid by the buyers. did you mean reseller = pyramid scheme.
How's that equivalent to a pyramid scheme. Cos you buy some stupid colored words then list it twice as much as you bought it. I call that foolishness.
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