This is me using GRcade as a platform I contributed to to raise awareness of a bad internet that doesn't do that

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Lime
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PostRe: This is me using GRcade as a platform I contributed to to raise awareness of a bad internet that doesn't do that
by Lime » Thu Feb 03, 2022 4:52 pm

The whole video is well worth a watch- it's long so break it into a few sections. Get a cup of tea and soak it up.

I've tried to get my head around crypto & NFTs before (to be informed, not because I would get involved), and this video is definitely the clearest explanation I've seen.

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PostRe: This is me using GRcade as a platform I contributed to to raise awareness of a bad internet that doesn't do that
by Curls » Sat Feb 05, 2022 5:34 am

I invest in Crypto, but I've avoided NFT's, they sound like devils work. The video is too long, it's a TL;DR for me sorry. But I hope you're OK GG, you seem pissed off.

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Knoyleo
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PostRe: This is me using GRcade as a platform I contributed to to raise awareness of a bad internet that doesn't do that
by Knoyleo » Sat Feb 05, 2022 8:13 am

Curls wrote:I invest in Crypto, but I've avoided NFT's, they sound like devils work. The video is too long, it's a TL;DR for me sorry. But I hope you're OK GG, you seem pissed off.

Maybe you should make the time for it.

pjbetman wrote:That's the stupidest thing ive ever read on here i think.
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massimo
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PostRe: This is me using GRcade as a platform I contributed to to raise awareness of a bad internet that doesn't do that
by massimo » Sat Feb 05, 2022 2:09 pm

Can we also add ‘metaverse’ to this?

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Mommy Christmas
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PostRe: This is me using GRcade as a platform I contributed to to raise awareness of a bad internet that doesn't do that
by Mommy Christmas » Sat Feb 05, 2022 3:07 pm

"Yeah I know you have the same image on your screen that I've just paid £10,000 for, but when you go online to the cryptobro website you get a gold crown on your avataaaaaar. "

Melty strawberry floats that would buy magic beans if you had any.

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PostRe: This is me using GRcade as a platform I contributed to to raise awareness of a bad internet that doesn't do that
by Vermilion » Sat Feb 05, 2022 6:59 pm

Should have known this thread would attract the russians.

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PostRe: This is me using GRcade as a platform I contributed to to raise awareness of a bad internet that doesn't do that
by Green Gecko » Sat Feb 05, 2022 11:04 pm

Curls wrote:I invest in Crypto, but I've avoided NFT's, they sound like devils work. The video is too long, it's a TL;DR for me sorry. But I hope you're OK GG, you seem pissed off.

Don't worry a lot of what I write is serious skepticism while a sardonic and exaggerated appeal to the dystopic, catastophising, 10x worse than it actually is - but likely could become - version in my mind. It's an odd kind of humour that does accurately portray the things I am concerned about. :msgreen:

"It should be common sense to just accept the message Nintendo are sending out through their actions."
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PostRe: This is me using GRcade as a platform I contributed to to raise awareness of a bad internet that doesn't do that
by Stugene » Sun Feb 06, 2022 8:22 pm

Curls wrote:I invest in Crypto, but I've avoided NFT's, they sound like devils work. The video is too long, it's a TL;DR for me sorry. But I hope you're OK GG, you seem pissed off.

enjoy holding that bag my man

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PostRe: This is me using GRcade as a platform I contributed to to raise awareness of a bad internet that doesn't do that
by Skarjo » Mon Feb 07, 2022 10:53 am

Curls wrote:I invest in Crypto, but I've avoided NFT's, they sound like devils work. The video is too long, it's a TL;DR for me sorry. But I hope you're OK GG, you seem pissed off.


Self awareness still not a common personality trait amongst dutch tulip bros, cryptobros, NFTbros.

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PostRe: This is me using GRcade as a platform I contributed to to raise awareness of a bad internet that doesn't do that
by Curls » Mon Feb 07, 2022 9:30 pm

I actually don't know how to reply to either of these posts. Spread da love?

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PostRe: This is me using GRcade as a platform I contributed to to raise awareness of a bad internet that doesn't do that
by Knoyleo » Mon Feb 07, 2022 9:43 pm

Curls wrote:I actually don't know how to reply to either of these posts. Spread da love?

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pjbetman wrote:That's the stupidest thing ive ever read on here i think.
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PostRe: This is me using GRcade as a platform I contributed to to raise awareness of a bad internet that doesn't do that
by Green Gecko » Mon Feb 07, 2022 9:54 pm

Crypto is speculative by its nature but NFTs are basically bullshit sold with that speculative asset, to the uninformed/children/morons.

So you have a speculative bullshit asset. That's worse. I am quite confident plenty of people have been conned out of or into crypto and then lost a gooseberry fool tonne of money, some will have done quite well out of it, but NFTs I very much doubt are less than a majority of worthless nonsense.

We came up with a currency essentially built on speculation, and then spend a speculative asset on something even more speculative talking about made up bollocks like the metaverse. What next? How much hype and speculation can you drive when your product basically isn't real? How high can you jump if I tell you to?

"It should be common sense to just accept the message Nintendo are sending out through their actions."
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PostRe: This is me using GRcade as a platform I contributed to to raise awareness of a bad internet that doesn't do that
by Curls » Mon Feb 07, 2022 9:58 pm

Knoyleo wrote:
Curls wrote:I actually don't know how to reply to either of these posts. Spread da love?

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Doing me well so far, it's all about not putting your life savings in, and doing your research, xD

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PostRe: This is me using GRcade as a platform I contributed to to raise awareness of a bad internet that doesn't do that
by Green Gecko » Tue Feb 08, 2022 9:59 am

Aren't you fairly wealthy though? So what you can afford to gamble, to some people IS their life savings.

Also, some people don't have life savings. Some people don't even have savings. Actually a lot of people live like that. For those people, the communities are dangerous and toxic.

The research basically is finding out how speculative a particular crypto is. It's a managed risk. It's still a risk. The problem is where it's totally going to teh moon and we're all going to make it. No you're not.

"It should be common sense to just accept the message Nintendo are sending out through their actions."
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PostRe: This is me using GRcade as a platform I contributed to to raise awareness of a bad internet that doesn't do that
by Stugene » Tue Feb 08, 2022 10:28 am

Curls wrote:
Knoyleo wrote:
Curls wrote:I actually don't know how to reply to either of these posts. Spread da love?

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Doing me well so far, it's all about not putting your life savings in, and doing your research, xD

wow a "works on my machine" but for crypto. :fp:

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Curls
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PostRe: This is me using GRcade as a platform I contributed to to raise awareness of a bad internet that doesn't do that
by Curls » Wed Feb 09, 2022 6:56 pm

I'm not sure why I get the sarcastic comments, I'm delightful.

It's the same for anything isn't it?
If you don't do your research, you get stung? That's the way stock markets work, its glorified gambling. If poor kids with no money invest in the wrong stocks and their stock goes down, it's just as bad.

Hell it's the same with mortgages, credit cards, energy bills, phone contracts, car insurance, loans, even shopping in the supermarket. Poorer uneducated people are always more likely to get stung, because they've not done their research and they don't understand fully what they are doing as those who have done. I'm not saying it's 'right,' I'm just confused as to why the attitude of some people on here can be so attacking and sarcastic. Maybe I'm just oversensitive. Not aimed at you Gecko by the way, your posts were fine.

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PostRe: This is me using GRcade as a platform I contributed to to raise awareness of a bad internet that doesn't do that
by Tomous » Wed Feb 09, 2022 7:03 pm

I'm not sure why Curls is getting such flack, you can clearly make money from crypto at the moment if you play it right. I do think the whole thing could come crashing down at any moment but like he says, aslong as you're not putting your life savings into it, I don't see the harm in playing the market.

I.dont own any. But I do own quite a lot of AMC stock which is significantly down because I'm a fool :fp:

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PostRe: This is me using GRcade as a platform I contributed to to raise awareness of a bad internet that doesn't do that
by Green Gecko » Wed Feb 09, 2022 7:16 pm

Curls wrote:I'm not sure why I get the sarcastic comments, I'm delightful.

It's the same for anything isn't it?
If you don't do your research, you get stung? That's the way stock markets work, its glorified gambling. If poor kids with no money invest in the wrong stocks and their stock goes down, it's just as bad.

Hell it's the same with mortgages, credit cards, energy bills, phone contracts, car insurance, loans, even shopping in the supermarket. Poorer uneducated people are always more likely to get stung, because they've not done their research and they don't understand fully what they are doing as those who have done. I'm not saying it's 'right,' I'm just confused as to why the attitude of some people on here can be so attacking and sarcastic. Maybe I'm just oversensitive. Not aimed at you Gecko by the way, your posts were fine.

This is all well and good, and yeah I have done OK out of credit cards in terms of financing my business with very little interest.

The only important thing is to understand that those poor/uneducated people (which is not intrinsically the case - they might be extremely intelligent but misled to misunderstand a subject) are victims in these situations. That's introducing another vector for exploiting and oppressing the poor by having them take on a risk they can't afford to lose out on.

The difference is, quite often, the rich can afford to do that in order that they get richer. If they lose out, they are slightly less rich. The poor don't have that luxury and so, when a market as speculative and nonsensical by its very nature as NFTs shows up and that is targetting young and increasingly desperate people trying to "make it", we have a wider sociological problem of weaponising risk. The problem with NFTs is that the purveyors quietly know this and don't care who is left holding the bag. They will big up stuff to their mates / parasocial hordes in social channels and don't care how much money is lost, and that's not getting into the scam/crypto theft side of things.

It's a wider issue with Instagram "wolves" and other such "trading lifestyle" bullshitters parting young or impressionable people with their cash to make even more money than what they have or have made on such stocks. While also having the very real ability to inflate stocks, or crypto, or NFTs, or whatever stake they have in by the massive amplifier of social media, and understanding how to exploit that. That's whole new levels of the swindle and it's horrifying. Now it's what came before but with a dorky meme or GIF attached to it that purports to be valuable, rare art, when it's just a strawberry floating receipt with a number on it. They've taken the same behavioural exploit as gambling and short-circuiting the dopamine system and made it prettier by giving it form, which never existed before (unless we're speaking blood diamonds or something, I don't know. Perhaps previously it was trading cards or sealed games and the like, yet those did have intrinsic value whereas NFTs have basically no value or genuine utility).

It's the potential for NFTs to form the backbone of the Internet, instead of normal TCP/IP data packets, that's next level dystopic crap. Send a message, that costs one NFT plus gas fees and the person who receives it can then trade that NFT and so-on. It could be applied to theoretically anything, no matter how ridiculous or counterproductive or exploitative. That's problematic. And that's what I'm against. There's those left holding the bag and then there's those who were "foolish" (read: not capitalistic) enough to make real contributions in time, effort and expertise into a site such as GRcade and then this whole other hyper capitalist thing takes off that appropriates so much of the work that went before it and turns it into a strawberry floating candy store. strawberry float that.

"It should be common sense to just accept the message Nintendo are sending out through their actions."
_________________________________________

❤ btw GRcade costs money and depends on donations - please support one of the UK's oldest video gaming forums → HOW TO DONATE
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Curls
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PostRe: This is me using GRcade as a platform I contributed to to raise awareness of a bad internet that doesn't do that
by Curls » Wed Feb 09, 2022 7:31 pm

Need old man from hot fuzz gif 'i think he may be onto something here.

Thanks for the thought out response. You're right about the fools. The internet is really making everyone believe they can be a millionaire, reddit shows us that. Hopefully NFT's will die a death soon. If I find myself in isolation for COVID at any poiint, I may come back to that video ;-)

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PostRe: This is me using GRcade as a platform I contributed to to raise awareness of a bad internet that doesn't do that
by Knoyleo » Thu Feb 10, 2022 1:30 pm

Tomous wrote:I'm not sure why Curls is getting such flack, you can clearly make money from crypto at the moment if you play it right. I do think the whole thing could come crashing down at any moment but like he says, aslong as you're not putting your life savings into it, I don't see the harm in playing the market.

I.dont own any. But I do own quite a lot of AMC stock which is significantly down because I'm a fool :fp:

You can make money from selling Herbalife if you play it right, but that doesn't make it not a pyramid scheme.

Crypto investment and speculation is driven by the expectation that the value will rise. The only thing that drives the value up, is increased demand for the currency, which is reliant on more adopters. Then the early adopters can check out, making a profit, and leave the late adopters holding a currency that is no longer appreciating in value, or actually collapsing. Any profit anyone makes is just money that's come directly out of the pockets of others who've jumped into the same pool.

Curls wrote:I'm not sure why I get the sarcastic comments, I'm delightful.

It's the same for anything isn't it?
If you don't do your research, you get stung? That's the way stock markets work, its glorified gambling. If poor kids with no money invest in the wrong stocks and their stock goes down, it's just as bad.

Hell it's the same with mortgages, credit cards, energy bills, phone contracts, car insurance, loans, even shopping in the supermarket. Poorer uneducated people are always more likely to get stung, because they've not done their research and they don't understand fully what they are doing as those who have done. I'm not saying it's 'right,' I'm just confused as to why the attitude of some people on here can be so attacking and sarcastic. Maybe I'm just oversensitive. Not aimed at you Gecko by the way, your posts were fine.

Just because huge numbers of financial institutions are shitty and corrupt and designed to be obtuse in order to con people out of their money if they haven't done the due diligence, doesn't mean another crooked scheme is any better. In this instance though, rather than losing money to a big bank or insurance broker, people will lose their money to CryptoKing69 or whatever, who will use his youtube channel to encourage other easily susceptible people to invest in crypto, so he can keep on pumping that bubble before he dumps it. There's no guarantee that CryptoKing69 or any other in profit crypto wallet isn't also the property of some banker or insurance broker, either.

The whole system is strawberry floating garbage, and shouldn't be supported by anyone.

pjbetman wrote:That's the stupidest thing ive ever read on here i think.

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