this post was submitted on 21 Sep 2023
855 points (96.3% liked)

Technology

59734 readers
3124 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago
MODERATORS
L3s
[email protected]
[email protected]
L4s
enu
855
Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless. (markets.businessinsider.com)
submitted 1 year ago by L4s to c/technology
293 comments fedilink hide all child comments
 

Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless.::NFTs had a huge bull run two years ago, with billions of dollars per month in trading volume, but now most have crashed to zero, a study found.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] LukeMedia 4 points 1 year ago (1 children)

I feel like a lot of people probably knew that to some degree, but didn't want to believe it to be true. Supposed to leave your emotions at the door when trading stocks or crypto, but a lot of people don't seem to do that.

[โ€“] [email protected] 3 points 1 year ago

Yup. Does feel good to be vindicated for being willing to honestly express reality, in spite of willful delusion and ingnorance. Not that I am happy for those that suffered immense losses but, they can't say that they weren't warned.