Popular Post snoop1130 Posted April 22, 2022 Popular Post Share Posted April 22, 2022 BANGKOK (NNT) - Institutions have warned investors to remain cautious about the possibility of a metaverse pricing bubble in the future, saying markets for cryptocurrencies are highly sensitive to a number of factors. The subject was raised at a recent meeting co-hosted by Chulalongkorn University and the Puey Ungphakorn Institute for Economic Research of the Bank of Thailand. Participants discussed the book "Is Metaverse LAND a Good Investment?" It Depends on Your Unit of Account!" by Kanis Saengchote of Chulalongkorn Business School’s Department of Banking and Finance and Voraprapa Nakavachara, Chulalongkorn University’s assistant to the president for global engagement. The papers, which discuss virtual land prices in the Sandbox, a blockchain-based metaverse, claim that between December 2019 and January 2022, sellers’ prices increased up to 300 times, while the repeat sales index increased 12 times. Keep up to date with all things Thailand - Join our daily ASEAN NOW Thailand Newsletter - Click to subscribe According to Kanit, individual virtual land sales in the Sandbox hit a high of around 140 million baht this year, while Decentraland, another prominent Metaverse project, hit a high of around 115 million baht. These findings could point to a virtual land price bubble, warning investors to exercise caution in their investments. The metaverse is becoming increasingly popular among business owners, investors, and consumers worldwide. It has provided several advantages for business operations, such as public relations and marketing, new customer experiences, and opportunities to acquire new clients. Experts believe that the metaverse will help boost the country’s GDP through the digital economy by creating more jobs in the technology sector. -- © Copyright NNT 2022-04-22 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. - Follow ASEAN NOW on LINE for breaking COVID-19 updates 1 3 Link to comment Share on other sites More sharing options...
Sparktrader Posted April 22, 2022 Share Posted April 22, 2022 Buy real land. They say McDonalds is not rich cause of burgers but real estate. % rates going up though. Link to comment Share on other sites More sharing options...
Popular Post Rampant Rabbit Posted April 22, 2022 Popular Post Share Posted April 22, 2022 is there a committee to make up the stupid <deleted>in words daily in Thailand 3 1 1 Link to comment Share on other sites More sharing options...
Popular Post StayinThailand2much Posted April 22, 2022 Popular Post Share Posted April 22, 2022 (edited) Land in the Metaverse? I'd rather buy property on the moon... Edited April 22, 2022 by StayinThailand2much 3 4 Link to comment Share on other sites More sharing options...
Popular Post kwonitoy Posted April 22, 2022 Popular Post Share Posted April 22, 2022 1 hour ago, StayinThailand2much said: Land in the Metaverse? I'd rather buy property on the moon... Just after the Moon landing when Pan-Am was booking flights to the Moon, to interest youngsters in space you could send a Post Cereal box top and a dollar and get an ownership certificate of 1 square inch of the Moon. Mine was place of pride for a 10 years space nut of a boy https://duckduckgo.com/?q=land+certificate+from+the+moon+Post+ceral&atb=v315-1&iax=images&ia=images 4 Link to comment Share on other sites More sharing options...
Popular Post Tropicalevo Posted April 22, 2022 Popular Post Share Posted April 22, 2022 I thought that people were dumb to buy coins that do not exist. Then there were pieces of art that do not exist. But to 'invest' in land that does not exist? The lunatics are now running the asylum. 4 1 3 6 Link to comment Share on other sites More sharing options...
josephbloggs Posted April 22, 2022 Share Posted April 22, 2022 3 hours ago, Rampant Rabbit said: is there a committee to make up the stupid <deleted>in words daily in Thailand Which word made up in Thailand are you referring to? Link to comment Share on other sites More sharing options...
Popular Post freedomnow Posted April 22, 2022 Popular Post Share Posted April 22, 2022 Can I buy a bridge to manhattan on this platform ? 1 2 Link to comment Share on other sites More sharing options...
kwonitoy Posted April 22, 2022 Share Posted April 22, 2022 40 minutes ago, freedomnow said: Can I buy a bridge to manhattan on this platform ? I've got a picture of one for sale, cheap, today only. Bitcoin only 1 1 Link to comment Share on other sites More sharing options...
hotchilli Posted April 22, 2022 Share Posted April 22, 2022 10 hours ago, StayinThailand2much said: Land in the Metaverse? I'd rather buy property on the moon... The dark-side? Link to comment Share on other sites More sharing options...
Popular Post RocketDog Posted April 23, 2022 Popular Post Share Posted April 23, 2022 That warning is valid for anybody investing in smoke and mirrors. 3 Link to comment Share on other sites More sharing options...
jollyhangmon Posted April 23, 2022 Share Posted April 23, 2022 ... seriously serious??! ???? 5555 ... Link to comment Share on other sites More sharing options...
Iamfalang Posted April 23, 2022 Share Posted April 23, 2022 13 hours ago, Sparktrader said: Buy real land. They say McDonalds is not rich cause of burgers but real estate. % rates going up though. Rich because of their burgers. …. Which allowed them to buy properties. Wealthier. and selling franchises Link to comment Share on other sites More sharing options...
Iamfalang Posted April 23, 2022 Share Posted April 23, 2022 If I buy the Sun, can I charge Earth a fee? Link to comment Share on other sites More sharing options...
Excel Posted April 23, 2022 Share Posted April 23, 2022 12 hours ago, Rampant Rabbit said: is there a committee to make up the stupid <deleted>in words daily in Thailand Its genetically inherited by many Thai males I think. 2 Link to comment Share on other sites More sharing options...
Enzian Posted April 23, 2022 Share Posted April 23, 2022 Warren Buffett called it all "rat poison" for a reason. 1 Link to comment Share on other sites More sharing options...
RafPinto Posted April 23, 2022 Share Posted April 23, 2022 That's even worse then putting a house in a Thai woman's name. Here at least, you can live until she kicks you out. 2 Link to comment Share on other sites More sharing options...
Sparktrader Posted April 23, 2022 Share Posted April 23, 2022 6 minutes ago, Enzian said: Warren Buffett called it all "rat poison" for a reason. Buffet knows nothing about tech stuff though. Link to comment Share on other sites More sharing options...
Sparktrader Posted April 23, 2022 Share Posted April 23, 2022 13 hours ago, Tropicalevo said: I thought that people were dumb to buy coins that do not exist. Then there were pieces of art that do not exist. But to 'invest' in land that does not exist? The lunatics are now running the asylum. Money doesnt exist Link to comment Share on other sites More sharing options...
Pmbkk Posted April 23, 2022 Share Posted April 23, 2022 10 minutes ago, RafPinto said: That's even worse then putting a house in a Thai woman's name. Here at least, you can live until she kicks you out. I have a house in my wife's name - never had an issue. Maybe it's the type of women you hang out with ???? 1 1 Link to comment Share on other sites More sharing options...
Mr Meeseeks Posted April 24, 2022 Share Posted April 24, 2022 I made bank on NFT Worlds, bought 3 at 4 ETH each and sold at 14 ETH each. Profit of about $90k. Not bad for a couple of weeks' work. I also bought an Azuki NFT at 7.4 ETH current value 30 ETH. Unrealised profit about $80k as they also airdropped me two beans which are worth about 4 ETH each. Don't knock NFTs or the metaverse if you don't understand it. ???? 1 Link to comment Share on other sites More sharing options...
fondue zoo Posted April 24, 2022 Share Posted April 24, 2022 Irene Zhao - 7.5 million? Link to comment Share on other sites More sharing options...
Thailand Posted April 24, 2022 Share Posted April 24, 2022 28 minutes ago, Mr Meeseeks said: I made bank on NFT Worlds, bought 3 at 4 ETH each and sold at 14 ETH each. Profit of about $90k. Not bad for a couple of weeks' work. I also bought an Azuki NFT at 7.4 ETH current value 30 ETH. Unrealised profit about $80k as they also airdropped me two beans which are worth about 4 ETH each. Don't knock NFTs or the metaverse if you don't understand it. ???? Made a few thousand $'s selling Metaverse related domain names over the past 5 months so definitely opportunities in various forms. Link to comment Share on other sites More sharing options...
herfiehandbag Posted April 24, 2022 Share Posted April 24, 2022 (edited) I freely admit to being a bear of very little brain, but what on earth is this thread about? Edited April 24, 2022 by herfiehandbag 1 Link to comment Share on other sites More sharing options...
josephbloggs Posted April 24, 2022 Share Posted April 24, 2022 2 hours ago, herfiehandbag said: I freely admit to being a bear of very little brain, but what on earth is this thread about? It's about the risk of a Metaverse land price bubble and investors being warned about it. Link to comment Share on other sites More sharing options...
Sparktrader Posted April 24, 2022 Share Posted April 24, 2022 2 hours ago, herfiehandbag said: I freely admit to being a bear of very little brain, but what on earth is this thread about? Fake land in cyberspace Link to comment Share on other sites More sharing options...
ThailandRyan Posted April 24, 2022 Share Posted April 24, 2022 On 4/22/2022 at 10:21 PM, Tropicalevo said: I thought that people were dumb to buy coins that do not exist. Then there were pieces of art that do not exist. But to 'invest' in land that does not exist? The lunatics are now running the asylum. However, I now own Park Place and whomever wants to cross my land or stand out front, no matter what Monopoly game they are playing will owe me royalty payments paid in swahili coin.... Link to comment Share on other sites More sharing options...
Thailand Posted April 24, 2022 Share Posted April 24, 2022 (edited) 4 hours ago, herfiehandbag said: I freely admit to being a bear of very little brain, but what on earth is this thread about? The Metaverse is place where your Avatar in 3D form can go and do whatever it wants whilst at the same time you can sit behind a keyboard and post on TV. (Sort of) Hope that helps. Edited April 24, 2022 by Thailand Link to comment Share on other sites More sharing options...
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