r/dankmemes 🇱🇺MENG DOHEEMIES🗿👑 Jan 23 '22

ancient wisdom found within Which opinion?

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102

u/ivnwng big pp gang Jan 23 '22

I’m honestly 50/50 about nft mf vs dream stan….

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u/[deleted] Jan 23 '22

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u/OneTrueKingOfOOO Jan 23 '22

You’ve just described a pyramid scheme. Sure, if you buy for 50k and sell for 100k it’s not stupid. But odds are you’ll buy for 50k and never sell because who the hell else wants to drop 50k on an ugly jpeg?

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u/Random___Here Jan 23 '22

Well apparently a lot of people since there’s many making bank

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u/OneTrueKingOfOOO Jan 23 '22

Yes, those at the top of the pyramid make bank when making the initial sales. Maybe some lucky folks on the next couple rings down will make profits too. But someone’s gonna be left holding the bag of overpriced monkey art

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u/emotionalcorps Jan 24 '22

But not everyone is trying to resell an NFT…The monkey one that is being talked about here allows the owner to enter a irl yatch club once a year with fellow monkey holders such as Steph curry and lebron James along with many other celebs. It’s now a showing off badge rather than for resell value. Only 80 are being resold out of 8,888

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u/OneTrueKingOfOOO Jan 24 '22

That still sounds like a colossal waste of money to me, but you do you