80% loss for Bored Ape

Discussion in 'Crypto Assets' started by JackMorgan, Jun 13, 2022.

  1. upload_2022-6-13_16-1-40.png

    upload_2022-6-13_16-2-7.jpeg

    some racist shit if you ask me . lol
     
  2. ElCubano

    ElCubano

    yep...looks like Lebron....
     
    JackMorgan likes this.
  3. Who in the hell...in their right mind...would pay $435K or $95K for that tacky, ugly, cheap JPG image of an ape in a Lakers jersey with a hat, and a Terminator eyeball while grinning. We are living in one of the stupidest eras of human history.
     
  4. johnarb

    johnarb

    As someone that owns a Bored Ape Yacht Club NFT, just wanna clear it up that a Bored Ape is not priced in $ but in Eth (DAI, wEth and Apecoin recently)

    It's down 30-50% in Eth price from peak (the range is due to the range of the Otherdeed airdrop price)

    The $ price crash is due to the Eth $ price crashing more than 60% in the same timeframe
     
  5. So a bored ape depends on another ponzi for its value ? I thought stuff worth what it was worth .
     
  6. [​IMG]
     
    Nobert likes this.
  7. M.W.

    M.W.

    Hey bro, loading up on BTC yet? 21k seems like the deal of a lifetime...;-)

     
  8. maxinger

    maxinger

    I was expecting 100% loss for the bored ape.
     
  9. johnarb

    johnarb

    Yo dude, how's it going?

    Nah, $21K/btc is a good price but I'm waiting for $5K/btc price to start adding aggressively and every $1K down in price will be additional buying and so on

    You can follow my thread for my latest updates on crypto portfolio

    https://www.elitetrader.com/et/threads/crypto-macro-trends-for-2022.363931/page-27

    Sold 1 BTC at $25K two nights ago for replacing the cash used for MSTR LEAPS call options
     
  10. M.W.

    M.W.

    others call it also margin-call.

     
    #10     Jun 13, 2022