Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
NFT Bro Makes A Million Dollar Mistake
Posted
March 13, 2022
Views
41,448
Likes
1,624
Comments
641
Engagement
5.46%
March 13, 2022
41,448
1,624
641
5.46%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
11:14Now PlayingAn NFT owner just lost his entire net worth in the market by accidentally listing his milliondollar NFT Etherrock for less than a cent. Apparently, the owner listed it in the improper cryptocurrency denomination. Cenk Uygur, Adrienne Lawrence, and Rayyvana discuss on The Young Turks. Watch LIVE weekdays 68 pm ET.
Read more HERE:
"Amid all the hype and furor around blue-chip NFT collections like Bored Ape Yacht Club and CryptoPunks, you may have missed what may be the ultimately absurd status symbol in crypto: Etherrock, a collection of 100 cartoon pet rocks based on free clipart that have sold for millions of dollars.
A few days ago, according to blockchain records, an NFT collector accidentally listed their valuable Etherrock for 444 wei instead of 444 ETH (just over $1 million) and someone snapped it up immediately. To put that in perspective, 1 ETH is equivalent to 1,000,000,000,000,000,000 wei―444 wei is less than a fraction of a fraction of a fraction of a fraction of a penny. It’s worthless.
“In one click my entire net worth of ~$1 million dollars, gone. Is there any hope? Am I GMI? ” a collector, who goes by Dino Dealer, tweeted late Wednesday claiming the rock was theirs and that a bot had "sniped" it. "Can snipers show mercy?"
According to the EtherRock website, the current owner has listed the NFT for 234 ETH, or around $600,000."
***
The largest online progressive news show in the world. Hosted by Cenk Uygur and Ana Kasparian. LIVE weekdays 6-8 pm ET.
Help support our mission and get perks. Membership protects TYT's independence from corporate ownership and allows us to provide free live shows that speak truth to power for people around the world. See Perks▶
SUBSCRIBE on YOUTUBE☞
📬 Newsletters
If you want to watch more videos from TYT, consider subscribing to other channels in our network:
The Damage Report ▶
TYT Sports ▶
The Conversation ▶
TYT Investigates ▶
#TYT #TheYoungTurks #BreakingNews
220311__BE02NFTVsPennyBP
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
