Why NFT Owners Are BROKE 😱

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  • Опубліковано 8 жов 2022
  • In this situation, would you keep or sell your NFT?
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КОМЕНТАРІ • 148

  • @mrbooty9887
    @mrbooty9887 Рік тому +382

    Yea u can buy all the nfts u want u can have 1 thats worth 25 million dollars but its only worth that if someone's gonna buy it

    • @andrewwbj
      @andrewwbj Рік тому +11

      People do buy them tho, bored ape, while not worth 25 million, still get tons of buys per day

    • @Mr-yl6fb
      @Mr-yl6fb Рік тому

      Lmao, people buy them 24/7 just because people with your mindset refuse to learn new things doesn't mean others won't. I can't wait for the bull run to come back so y'all haters can get shitted on badly.

    • @mrbooty9887
      @mrbooty9887 Рік тому +3

      @@Mr-yl6fb it has nothing to do with trying new things its goes the same thing with ppl reselling Pokémon cards or anything else

    • @rationalinvesting730
      @rationalinvesting730 Рік тому +26

      ​@@mrbooty9887 both are worst investment. But the thing about NFTs is that it is digital. Which is far worse than collectable physical items.

    • @famirodriguez8301
      @famirodriguez8301 Рік тому

      ppl doesnt notice money laundering when these are sold in high $

  • @strange_tastecereal5558
    @strange_tastecereal5558 Рік тому +134

    Or maybe, this is just my opinion…
    Maybe it’s because no one wants to buy jpeg that is worth more than their car or their house..

    • @BigDicTRP
      @BigDicTRP 5 місяців тому +1

      Of course you didn't comprehend the point he was making in the vid. There are buyers who are willing to buy it for 100k but the holders aren't selling it.
      What do u do for a living? Flip burgers right

    • @MotherSoren
      @MotherSoren 5 місяців тому

      ​@@BigDicTRPtheir are NO buyers for 100k NFTs 💀 97% of NFTs worthless and most prices are falsely inflated through essentially insider trading. Look at literally any actual recent news instead of a year old short

    • @someone6531
      @someone6531 4 місяці тому +7

      ​@@BigDicTRP Sounds like they're dumb. Imagine spending thousands, if not, MILLIONS of dollars on a jpeg. That can be screenshot with the click of the right side of a mouse.

    • @astro-mail
      @astro-mail 4 місяці тому

      ​@@BigDicTRPah yes the best argument ever, if you don't agree with me you are stupid reskinned

    • @muhammadmusa6276
      @muhammadmusa6276 3 місяці тому

      ​@@BigDicTRPLOL Condescending or what?? I think you don't understand; this is all a scam.
      Burgers? What a douche.

  • @jake_dev1046
    @jake_dev1046 Рік тому +49

    “I left school to do NFTs Full Time”
    -🤓🤓

    • @EndlessThreads939
      @EndlessThreads939 10 місяців тому

      N00die?

    • @niepieisme9830
      @niepieisme9830 16 днів тому

      How's it going?😊

    • @jake_dev1046
      @jake_dev1046 16 днів тому

      @@niepieisme9830 im not doing NFTs Full Time im making fun of the people that do with this comment.

  • @jboydayz
    @jboydayz 7 місяців тому +20

    That’s just a bit pathetic if you consider an NFT as apart of your personality

  • @jimgerstbrich4244
    @jimgerstbrich4244 Рік тому +46

    1 NFT = 1 TULIP

  • @BryceJose97
    @BryceJose97 9 місяців тому +5

    If they were worth that, they would sell, they’re not. Nobody wants them for any price.

  • @NewportSolar
    @NewportSolar Рік тому +98

    If someone is willing to spend $1,000,0000 on a house that is actually worth $200,000 - that doesn’t make the house worth $1,000,000.
    Value is value.
    The reality is 99.99% NFTs have ZERO value. Those that actually might have some is still 100% perceived value and not real.
    It was a HUGE con game.

    • @JakubWojciechowski933
      @JakubWojciechowski933 11 місяців тому +5

      Actually, if everyone or at least many people would be willing to buy this house for 1000 000$ even though it's clearly worth less, its value would be 1m. Not that it matters because NFT enjoyers are still very few

    • @devin1820ify
      @devin1820ify 9 місяців тому +4

      ​@@JakubWojciechowski933exactly something is only worth what someone will pay for it. That's anything

  • @Xcjcyt
    @Xcjcyt Рік тому +36

    Whats the point of selling nfts when i have screenshot

    • @vulkanbeats1528
      @vulkanbeats1528 6 місяців тому +3

      If you screenshot and print out the Mona Lisa painting does it make you the painter or the collector?

    • @shivtrip210
      @shivtrip210 6 місяців тому

      Yes thats the point that ppl don't get it@@vulkanbeats1528

    • @someone6531
      @someone6531 4 місяці тому +5

      ​@@vulkanbeats1528 The Mona Lisa is a historical beauty. NFTs? Literal garbage that isn't even worth a penny.

    • @vulkanbeats1528
      @vulkanbeats1528 4 місяці тому

      @@someone6531 Still doesn't change much....

    • @xenomorph733
      @xenomorph733 3 місяці тому +2

      ​@@vulkanbeats1528seriously you guys really need a New argument the Mona Lisa is a beautiful real work of art nfts are AI generated crap there worthless

  • @gamer1X12
    @gamer1X12 Рік тому +48

    Who tfs buying? The digital currency NEVER converts back to cash. They talk about all the countless NFTs they own worth tens of thousands of dollars yet their real life financial situation never changes.

    • @deality
      @deality Рік тому +6

      What are you ok you sell that for eth and trade for usd

    • @allenjanvalie
      @allenjanvalie Рік тому +10

      @@deality funny how people talk about crypto with zero knowledge huh.. whole comment section is full of know it alls with literally zero knowledge

    • @ntwalipat2
      @ntwalipat2 11 місяців тому +3

      They can impress you at the local bar though!

    • @ntwalipat2
      @ntwalipat2 11 місяців тому +3

      @@allenjanvalie
      I still remember how everyone was an NFT expert 😂

    • @LiveLoveLevelUp
      @LiveLoveLevelUp 5 місяців тому +1

      True, no knowledge and 100% conviction

  • @alexzedostuff8591
    @alexzedostuff8591 Рік тому +78

    “Digital identity”

    • @chiefzerbear808
      @chiefzerbear808 Рік тому +23

      The discord mod

    • @gela-sj7uk
      @gela-sj7uk Рік тому +2

      ​@@chiefzerbear808 I was looking for this comment

    • @mbee7984
      @mbee7984 9 місяців тому +1

      Happy meal

  • @poposterous236
    @poposterous236 Рік тому +50

    another reason you can't sell it is because they're not in demand and they have no value
    my upstairs neighbor offed himself after getting into nfts

    • @yaboysix
      @yaboysix Рік тому +1

      Wow! How old was he?

    • @northofeden1802
      @northofeden1802 7 місяців тому +4

      lol, I’ll take things that probably never happened for 5000 Alex.

    • @Mamika_AFK
      @Mamika_AFK 5 місяців тому

      Heartbreaking 😔

    • @coryjohnson2486
      @coryjohnson2486 3 місяці тому

      Yeah ur definitely lying

    • @cryptoj1073
      @cryptoj1073 Місяць тому

      Come 2028-2031 they'll be worth more. Sudoswap will go from$0.15 now to $16+ with ease

  • @jordanartinial4593
    @jordanartinial4593 11 місяців тому +6

    Why does anybody have an NFT is the real question

  • @Bill-sj4fw
    @Bill-sj4fw 7 днів тому +1

    Remember when everyone was saying NFTs were gonna make you rich
    Lmaooo

  • @AyooberinghikoolEringhikool
    @AyooberinghikoolEringhikool 3 місяці тому +2

    From California Your work in fighting scams is invaluable. I was scammed twice last year, totaling losses over $120,000. It was a lengthy process involving federal intervention to get her money back. We need more people like *Prophecytrace* taking a stand against these criminals. Much love and support from California’s…

  • @ChannelPro666
    @ChannelPro666 7 місяців тому +3

    He ain't lieing 😂 I'm broke with loads nfts hahaha

  • @octavioavila6548
    @octavioavila6548 7 місяців тому +2

    The real cool thing about this whole NFT revolution is that now it is possible for people to buy a jpeg for $1,000,000. Even if they are getting scammed, the fact that it can happen at all is really cool from a technological innovation point of view.
    Go far back in the past enough and it would have been unimaginable that anyone would buy a jpeg for any amount of cash whatsoever. Now it is possible. Even if the value goes to $0. Even if people lose cash. The fact that there now exists a technology that allows people to buy and sell digital content is really cool.

  • @bwenzin
    @bwenzin 11 місяців тому +5

    It is like bitcoin which people are so hyped about. They say it is a digital currency bla bla bla.... and still after 15+ years it still does have any broad use in any significant way except on black markets etc. It is also the only currency I know of that need marketing by tons of people to actually increase in value.

    • @Chris1111116
      @Chris1111116 11 місяців тому +1

      Then look at ETH, guess how Visa & Mastercard are doing their transfers.
      That’s the issue. Blockchain isn’t about being money, pump & dump etc. It’s about safe & reliable data transfer for cheap costs (as well as being privacy preserving if paired with ZKPs).
      99% of the market is still doing pump & dump, traffic is also heavily influenced by AirDrop farmers, NFT buyers etc

    • @cryptoj1073
      @cryptoj1073 Місяць тому +1

      You don't comprehend crypto or the world for that matter. Definitely social engineered

  • @gmsc5292
    @gmsc5292 Рік тому +5

    😂 he might be broke but he came up off that bored ape NFT 🎉

  • @NeutralGuyDoubleZero
    @NeutralGuyDoubleZero Рік тому +2

    NFTs were never valuable. They were bought up solely on the premise that prices would increase beyond the initial plunge, then you'd be able to pawn them off onto someone else.
    If nobody wants to pay for your custom url pointer, then I guess it was never that valuable in the first place lol

    • @LiveLoveLevelUp
      @LiveLoveLevelUp 5 місяців тому

      have u seen him much a bored ape goes for? Go check on the market

  • @foxalpha09
    @foxalpha09 5 місяців тому +2

    Well now they are worth nothing.

  • @fs7560
    @fs7560 9 місяців тому +6

    Why his face so small compared to head?

  • @manjushanmugam8244
    @manjushanmugam8244 Рік тому +20

    wait you can just screenshot that bored ape nft

  • @Ole_CornPop
    @Ole_CornPop 6 місяців тому +2

    This aged well

  • @SpeedyG3
    @SpeedyG3 Рік тому +1

    It's because no one is going to buy it off of them at those inflated prices. They are stuck with it

    • @muaza5262
      @muaza5262 4 місяці тому

      If the prices go up it means somebody buys them... They aren't just listing at high prices, look at the volume, and the offers, they can sell it in an instant at slightly lower than the floor price!

  • @dartanyongray
    @dartanyongray 7 днів тому

    You’re not poor if you have valuable NFTs. Essentially it’s like shares it’s credit and you can use them for leverage if I’m not mistaken.

  • @abzs5811
    @abzs5811 5 місяців тому +1

    Calling people broke is a derogatory term bro
    Watch urself fam karma is still very much alive

  • @ricardocacique9554
    @ricardocacique9554 4 місяці тому +1

    So basically, in order for NFT to really be a tangible virtual currency, you'd need to convince many that the Metaverse is worth just as much as the universe "ones real life".

  • @Rolando_Cueva
    @Rolando_Cueva 11 місяців тому +3

    Sneako is that you?

  • @Jhihmoac
    @Jhihmoac 7 місяців тому +1

    You're broke! You put your money on something totally foolish from the gate! Have fun!

  • @eenam5869
    @eenam5869 Рік тому +2

    * laughs in screenshot *

  • @rommellopez-ver8349
    @rommellopez-ver8349 Рік тому +19

    You know what, I love it when people are not all talk. NFT bros are broke( those who just want to buy expensive stuff and flex on others)
    We’re in a bear market.
    Learn the fundamentals.
    Look for information.
    Stay real and open minded.

    • @fridelinesaintelis9541
      @fridelinesaintelis9541 Рік тому +2

      I literally figured this out having a one on one convo with Carlos.
      Joined his classes and group, geared towards education and knowledgeability of how flawed the average humans mind is.

    • @PradeepSingh-do3bl
      @PradeepSingh-do3bl Рік тому

      @@fridelinesaintelis9541 how do I reach Carlos. I am willing to learn.
      I have seen the proof in knowledge being power.
      Only the knowledgeable would spot opportunities and see the blue chips that have launched in this bear.

    • @user-yt6zf2ki9j
      @user-yt6zf2ki9j Рік тому

      @@PradeepSingh-do3bl Here, above

    • @fridelinesaintelis9541
      @fridelinesaintelis9541 Рік тому

      Knowledge is power

    • @rationalinvesting730
      @rationalinvesting730 Рік тому +4

      NFTs has no fundamentals since it doesn't produce cash flows. Don't use words that you don't know what it means.

  • @PancakebatterLuigi
    @PancakebatterLuigi 6 місяців тому +2

    Why is whitewashed edp 445 talking about NFTs

  • @mithukashyapp
    @mithukashyapp 2 місяці тому

    I knew from start that nfts gonna fail n it literally makes zero sense

  • @haruhisuzumiya6650
    @haruhisuzumiya6650 9 місяців тому

    they held onto the bag gifted to them by the NFT grifters

  • @VeveVeteran
    @VeveVeteran 9 місяців тому +1

    Some people with mansions and lambos are broke too.

    • @dt4654
      @dt4654 6 місяців тому

      but some sucker will buy the house and lambos for their actual value, you bozo. cannot say the same for NFTs.

  • @blacktophead8454
    @blacktophead8454 10 місяців тому +1

    TOO LATE NFT MARKET HAS CRASHED!!! and its sinking further. Cant get any money for those things now 😮

  • @saltedfish8077
    @saltedfish8077 6 місяців тому

    your identity is not defined by some fancy picture that you bought online. shit doesnt make sense to me. bro just just gaslighting himself.
    if NFTs miraculously go back to their peak prices someday, I guarantee you that most holders will sell their "identities" instantly.

  • @Randomybored
    @Randomybored 2 місяці тому

    🐳:"its their mentality"

  • @JohnFrancisNoblefranca
    @JohnFrancisNoblefranca 2 місяці тому

    I just buy an nft for 0.01 dolar 💀

  • @junito1008
    @junito1008 7 місяців тому +3

    The second guy talking ate his nft instead of selling them !!

  • @AMD7027
    @AMD7027 4 місяці тому

    Look up “bigger fool theory” that explains it all, and here are examples of two of them

  • @hentsydesigns9046
    @hentsydesigns9046 9 місяців тому

    If all the NFT is, is a JPG. Not worth it. But if that NFT serves as a door to a community with perks or is like key/ticket that gives you something of value that is not just the NFT image, that might be something to consider.

  • @neilsmith9066
    @neilsmith9066 4 місяці тому

    Why are Millennials and Gen z broke 👆

  • @megatjmega
    @megatjmega Рік тому +1

    Would be so funny to see them all now

  • @klaud7311
    @klaud7311 Рік тому +1

    I feel the same about my TF2 items

  • @vtrandal
    @vtrandal 6 місяців тому

    They have NFT’s and they’re broke? Okay, because they wasted their money on NFTs?

  • @Funkylittleguy27
    @Funkylittleguy27 Місяць тому

    Maybe it’s because the whole purpose of an nft can be defeated by right click download
    Also both the guys on the podcast are definitely crypto bros like if you showed an images of these guys to someone who knows nothing about their podcast they would say without a doubt tech bro or crypto bro

  • @DavidWestwater-vq6qy
    @DavidWestwater-vq6qy 9 місяців тому

    If you have an nft you should sell it because it is worth nothing and will always be worth nothing

  • @flightgamer753
    @flightgamer753 3 місяці тому

    Yeah poor people make 9 million in a day trading nft

  • @BitcoinAndCryptoCurrency
    @BitcoinAndCryptoCurrency 8 місяців тому

    great information and very good video

  • @pacastarsupanova1696
    @pacastarsupanova1696 9 місяців тому

    Can’t sell when it’s down kid

  • @DjArie09
    @DjArie09 10 місяців тому +1

    but BLOCKCHAIN

  • @josephbe1030
    @josephbe1030 9 місяців тому

    Nft reminds me of sneskerheads making up stupid crazy high prices for something that they can't justify the price asking for or "think" what it's worth what you think it's worth is totally different than what you you get for it is two separate things the whole thing is hilarious keep on truckin👍 😂😂

  • @pokerpunk9413
    @pokerpunk9413 9 місяців тому

    Hello, I have someone wanting to buy some of my art to turn into nfts. To be blunt I'm fairly ignorant in the world of nfts. I know what they are and own a few myself but as far as the selling aspect is where things are more Grey. Also the offer is fairly generous, a little too generous, not to sell my awesome art short but I'm always worried about scams. If anyone is will to help me I would be more than happy to give a % of the sales when it/if it goes through

  • @abzs5811
    @abzs5811 5 місяців тому

    I dint know whales could speak English 😂😂😂😂😂
    🐳

  • @dekonfrost7
    @dekonfrost7 5 місяців тому

    How get rich

  • @randymagnum8178
    @randymagnum8178 6 місяців тому

    Do you cut your own hair?

  • @walterlopez3536
    @walterlopez3536 3 місяці тому

    My nfts have utility ill be able to rent tne asset to gamers soon

  • @genere2301
    @genere2301 Рік тому

    Wait what???

  • @BitcoinAndCryptoCurrency
    @BitcoinAndCryptoCurrency 8 місяців тому

    I started my crypto life right here

  • @ottop1377
    @ottop1377 Рік тому +9

    Bullshit lmao

  • @Jade-ux1kd
    @Jade-ux1kd Рік тому +5

    Let me just📸

  • @taylan5579
    @taylan5579 Рік тому +5

    finally someone spoke the truth!!!

    • @Thisguy0187
      @Thisguy0187 9 місяців тому

      This is still a dumb thing to buy. You're wasting your money on an image that doesn't even look that good.

  • @Bruv-
    @Bruv- 8 місяців тому

    These fellas are out of touch

  • @BIGGLO061
    @BIGGLO061 9 місяців тому

    😂😂😂😂

  • @supereliptic
    @supereliptic 3 місяці тому

    You don’t have a digital identity. Nobody does.
    You’re confusing having an expensive hobby with having a personality, and now you have neither.
    Fools and their money are easily parted…!

  • @dijauxNFTshowcase
    @dijauxNFTshowcase Рік тому

    ✔✔✔✔

  • @joeizdaman4290
    @joeizdaman4290 5 місяців тому

    Looooooosers

  • @snowfreeze
    @snowfreeze Рік тому +5

    ew bro, cut out sugar

  • @jojobizarrelivingstone594
    @jojobizarrelivingstone594 9 місяців тому

    Im gonna make a bet and say that this dude isn't actually talking to anyone is he?

  • @outcastKilla
    @outcastKilla Рік тому +1

    It's only worth what your willing to spend on it

  • @VIPER-2795CLIPZ
    @VIPER-2795CLIPZ 2 місяці тому +1

    I'm broke for 0 reasons

  • @AyooberinghikoolEringhikool
    @AyooberinghikoolEringhikool 3 місяці тому +1

    From California Your work in fighting scams is invaluable. I was scammed twice last year, totaling losses over $120,000. It was a lengthy process involving federal intervention to get her money back. We need more people like *Prophecytrace* taking a stand against these criminals. Much love and support from California’s…

  • @BryceJose97
    @BryceJose97 9 місяців тому

    If they were worth that, they would sell, they’re not. Nobody wants them for any price.